Mad Mobile: Raises $20M in Funding

Mad Mobile Raises $20M in Funding

• Mad Mobile, a Tampa, FL-based provider of a connected commerce and mobile payments for retailers and restaurants, raised $20M in funding
• The round was led by Eastward Capital Partner
• The company intends to use the funds to accelerate development of its technology platform for modern point-of-sale and payments, and commercial market growth
• MadMobile provides a platform that creates modern point-of-sale transactions for businesses to connect with their customers
• It is building digital and mobile experiences for more than 21,000 major retail and restaurant locations