Appconomy Raises $2.9 Million More

Appconomy, founded in 2010 with operations in Austin and Shanghai, China, filed papers with the Securities and Exchange Commission revealing it has raised $2.9 million.
The Austin Business Journal first reported on the funding.
The Austin American-Statesman’s story says the company has completed $4 million in financing.
The company says it plans to raise a total of $6 million in its latest filing with federal regulators.
In December of 2011, Appconomy landed $10 million in Series A funding.
Then a year later, Appconomy announced it had raised an additional $6 million to complete its Series A round of $16 million total.
Appconomy offers a merchant payment system called AppWallet and offers an app for smartphones, tablets and feature phones.