Telefonica

Maija Palmer

The frenzy to invest in mobile payments providers continues with Boku, the San Francisco-based start-up raising $35m, in a funding round led by Telefónica Digital. It will take the total raised by the mobile transactions company to more than $75m since 2008.

Investors in this round also included New Enterprise Associates (NEA), Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures and Khosla Ventures. Read more >>

Chris Nuttall

Jajah has become the latest internet phone company to be snapped up by a bigger player, with the Silicon Valley company announcing it is being acquired by Europe’s Telefónica for $207m €145m) in an all-cash transaction. 

The deal is much smaller than the $3.9bn eBay paid for Skype in 2005 but larger than the rumoured $50m  Google deal to acquire GrandCentral in 2007, which it renamed Google Voice. Read more >>