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Obopay Adds $20 Million

Obopay, a Redwood City, Calif.-based mobile payment software company, has raised $20 million in Series D funding. GigaOm first reported the news, including a tidbit about how the company's founders provided their contributions via the Obopay platform.


No word yet on new investors. The company had previously raised around $44 million from Richmond Management, Qualcomm, Redpoint Ventures, AllianceBernstein, Citi and Societe Generale.