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Boku was founded in 2009 by Mark Britto, Erich Ringewald and Ron Hirson using the combined assets of Mobillcash and Paymo. Boku raised a $13 million Series A investment from Khosla Ventures, Index Ventures and Benchmark.A year later, in 2010 Boku raised an additional US$25 million Series C investment, led by DAG Ventures.In 2012, Boku raised another US$35 million, Series C investment led by NEA and existing venture capital investors.In 2016, Boku again raised an additional US$13.75 million led by a consortium of UK investors along with GMO Payment Gateway.In total, Boku has raised more than $91M in venture capital funding from Benchmark Capital, Index Ventures, Khosla Ventures, DAG Ventures, Andreessen Horowitz, New Enterprise Associates, Telefónica, and GMO Payment Gateway.
On November 20, 2017, Boku listed its shares on the London Stock Exchange through £125 million initial public offering.
