Telstra Ventures and BDMI helped the fundraising service increase its overall funding to over $130m in a round led by Moore Strategic Ventures.

US-based online fundraising platform developer Omaze raked in $85m yesterday in a series C round featuring Telstra Ventures and BDMI, investing on behalf of telecommunications company Telstra and media group Bertelsmann respectively.

Investment firm Moore Strategic Ventures (MSV) led the round and was joined by Wndrco, FirstMark Capital, Causeway Media Partners, Mockingbird Ventures, Pegasus Ventures and assorted private investors.

Founded in 2012, Omaze operates a charity and social impact-focused crowdfunding platform that gives donors the chance to win prizes including…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.