MOBIbucks, a provider of cardless mobile payment and marketing solutions, announced today it has raised $5 million in Series A funding.

Acadia Woods Partners, a New York-based technology, media and life science venture capital firm, led the round which also included the participation of several new and original angel investors. The investment fuels MOBIbucks’ rapid growth in key markets around the world and funds customer service in support of new installations. [Read more…]