Debt repayment platform developer InDebted received $18.4m from investors including MassMutual, while corporate-backed AdaptiveMobile, Immersal and Pocket Casts are all being acquired.
Funding
Australia-based digital debt collection agency InDebted has raised A$25m ($18.4m) in a series B round featuring MassMutual Ventures Southeast Asia, a subsidiary of insurance firm Massachusetts Mutual, as well as Reinventure, the venture capital firm backed by banking firm Westpac, Australian Financial Review reported today. Investment firm Perennial Value Management led the round, which included Carthona Capital and private investor Jason Lenga. The company had received $9.2m in series A financing from MassMutual Ventures, Reinventure and Carthona Capital…
