Qualcomm has invested in app-based shopping platform Tapingo to help it move out of the college campus market and into local commerce.
US-based app shopping platform Tapingo, has secured a $22m series C round from backers including Qualcomm Ventures, the investment arm of semiconductor company Qualcomm.
Qualcomm was joined by Kinzon Capital, the corporate venturing arm of manufacturing company Fosun International, and venture capital firms DCM Ventures, Khosla Ventures and Carmel Ventures.
Both Khosla and Carmel took part in Tapingo’s $10.5m series B round in February 2014, while Carmel invested in the company’s $3.5m series A round in July 2012.
The company’s…
