Mobile Payment Company Zong Raises $15 Million

Zong.com is a mobile payments company that has raised $15 million in a round of funding led by Matrix Partners. Zong is essentially a company that allows you to make purchases through mobile devices and cell phone bills. Zong is often times used to pay for goods on Facebook. Dana Stadler, a General Partner at Matrix will be joining the Board of Directors at Zong as a result of the funding.

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