Uberall Raises $115M, Acquires MomentFeed To Expand Location Services
Uberall received a capital investment of $115 million led by Bregal Milestone, Level Equity, United Internet and Uberall management. The company will use the funding, which it announced Tuesday, to accelerate growth in the U.S. and Canada.
The company also used this time to announce the acquisition of MomentFeed, a provider of Proximity Search Optimization in North America. The two combined companies will manage the online presence of 1.35 million business locations, more than any other current competitor, according to the companies.