Press

PeerNova Accelerates Enterprise Use of Blockchain Technologies with $8.6 Million Funding Round, Led by Mosaik Partners

12.17.2014 in #Press

Silicon Valley-based PeerNova Inc. raises $8.6 Million in funding to accelerate its blockchain-based enterprise products. DECEMBER 17, 2014 SAN JOSE, CALIFORNIA (PRWEB) http://www.prweb.com PeerNova Inc. announced today that it has closed the first tranche of its Series A equity and debt funding round of $8.6 Million, led by Mosiak Partners. The round also includes investments from angel investor Steve Case, Ashar Aziz (Founder and CTO of FireEye), venture capital veteran Pierre Lamond, Atiq Raza (CEO of CALIENT technologies), Crypto Currency Partners and others. A blockchain is a cryptographically secure, immutable ledger of all transactions that are part of an application. It enables new classes of secure financial asset transfer and asset registry applications that do not need trusted 3rd parties and intermediaries, thereby reducing transaction costs significantly. PeerNova will use the new funding to boost investments in research and development, accelerate the launch of its Software as a Service (SaaS) platform and expand its service ...

Wilshire Axon Sports Secures Series A Financing to Aggressively Accelerate Sales, Marketing, and Product Development

10.15.2014 in #Press

Wilshire Axon Sports secures $2.0 million in Series A financing. LOS ANGELES, CA (PRWEB) OCTOBER 15, 2014 http://www.prweb.com Wilshire Axon Sports, the most complete revenue-generating fan engagement solutions provider for professional, collegiate, and minor league teams and venues, today announced it has completed a $2.0 million Series A round of financing. Mosaik Partners led the investment round with participation from existing and new investors KGC Capital and Albrekca LLC, respectively. The investment will help the company aggressively expand its sales and marketing efforts, as well as accelerate product development. The Series A financing builds on an exceptional first few months of execution at Wilshire Axon Sports. Expanding on a storied deployment in professional sports, the company has seen a rapidly building pipeline, key executive appointments, development of a seasoned advisory board, and market momentum in the white-hot areas of mobile, sports, and advertising. “Wilshire Axon Sports’ offering is well-timed with the rapidly ...

vWise and Envoy Financial Increase Employee Retirement Plan Participation by 24.8% with new vMax Solutions

09.5.2014 in #Press

ALISO VIEJO, Calif., Sept. 5, 2014 /PRNewswire/ -- vWise, Inc. announced today that retirement plan provider Envoy Financial used vWise's new vMax Solutions to increase employee participation by over 24% across a large number of different Plan Sponsor clients. Sep 05, 2014, 08:35 ET from vWise Incorporated "We dramatically increased our average employee participation rate in just 5 weeks using vMax Solutions," says Bethany Palmer, President and Co-Founder of Envoy Financial.  "By leveraging vMax, we effortlessly enrolled hundreds of eligible employees in just a few weeks with no additional travel, meetings, booklets or support staff costs.  We have never had such an effective way to engage so many clients and their employees simultaneously.  Yesterday's 'meetings and booklets' approach to managing retirement plans is forever changed." "The newly launched vMax Solutions is completely integrated with our successful SmartPlan Enterprise software and has resulted in a lightning bolt of engagement success at the employee level," added Tony Mingo, ...

TFG Card Solutions Closes Series ‘A’ Funding with $1.8 Million from Mosaik Partners

06.11.2014 in #Press

Pioneer Payroll Card Provider Servicing Growing U.S. Unbanked Population Accelerates Growth with Capital Investment JUNE 11, 2014 PORTLAND, ORE. AND SAN FRANCISCO, CALIF. (PRWEB)  http://www.prweb.com TFG Card Solutions (http://www.tfgcard.com), a pioneer in paperless payroll card solutions, has secured a $1.8 million investment which was led by Mosaik Partners (http://www.mosaikpartners.com), a leading venture capital firm focused on commerce-enabling technology companies. With the close of this Series “A” round of fundraising, TFG will aim to more than double its sales volume and grow market share. "Payroll cards have proven to be the lifeblood for millions of people and families that are underbanked in this country,” said Miles Kilburn of Mosaik Partners. "We could not be more pleased to partner with TFG to accelerate the growth of its market leading payroll card products and services,” Kilburn added. TFG’s payroll debit card solution can be integrated with any existing direct deposit system, bringing its ...

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