08 Feb '11, 10am

Singapore’s Stream Media raises SGD 1mil in Series A round

Singapore’s Stream Media raises SGD 1mil in Series A round

Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic. Powered by WP Greet Box Singapore-based mobile payment startup Stream Media announced today an investment of SGD1 million (US$790,000) from three firms including Stream Global (unrelated), SingTel Innov8 and the National University of Singapore. The funding round was led by Stream Global , which is one of the incubators under the Singapore government’s Technology Incubation Scheme (TIS) . Stream Media is the second Singapore-based startup to receive investment from Innov8, SingTel’s investment arm. Stream Media was founded in March 2009 and its flagship product, MoVend , is a mobile payment platform that enables in-app purchases. Released in July 2009 during echelon 2010, MoVend is currently available on Android and will be expanding to BlackBerry, iOS and Windows Phone...

Full article: http://e27.sg/2011/02/08/singapores-stream-media-raises-s...

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