By  on June 28, 2016
Nitin Mangtani

Mobile commerce platform provider PredictSpring Inc. said it closed on a $11.4 million round of “Series A” financing while also adding to its board of directors and setting plans to open a global office in Europe.

The Los Altos, Calif.-based company, which was founded by the innovator behind Google Shopping, said this latest round of financing was led by Felicis Ventures along with participation from existing investors Beanstalk Ventures and Novel TMT Ventures. This round also included new investors: The Benvolio Group, which is the investment arm of Lew Frankfort, chairman emeritus of Coach Inc., and his family.

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