Kids MVNO Kajeet Gets $10 Million Funding
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Kajeet, the prepaid MVNO targeted at kids, has received $10 million in debt financing from Chicago-based BlueCrest Capital Finance. The company previously raised about $64 million in two rounds of venture funding since being founded in 2003.
SEE ALSO: Kajeet Offers Credit To Disney Customers
The Bethesda, Md.-based company’s service and handset is retailed through Best Buy, Target, Toys “R” Us, Limited Too and Longs Drugs Stores, as well as through its website. More here.
Posted In: Money, M&A & Venture Capital, Companies, kajeet
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