Waller Capital Advises Amp’d Mobile On $107 Million Investment

Los Angeles-based Amp’d Mobile has raised more than $107 million in its fifth round of financing from new and existing investors.  The funding was led by Old Lane Management and included several existing investors.  The Company’s total funding now exceeds $350 million and includes investors Columbia Capital, Heights Capital Management, Highland Capital Partners, Qualcomm, Quilvest Ventures, Redpoint Ventures, Rho Ventures, TELUS Ventures, Tudor Investments and Universal Music Group.

Amp’d is leading mobile virtual network operator with nearly 200,000 subscribers across the United States and Canada.  The Company’s services include downloadable and streaming video on-demand clips, live events, streaming phonecast radio stations and downloadable games, ringtones and songs—with content from leading partners including MTV, Comedy Central, Oxygen, VH1, Fox Sports, E!, History Channel and many more.

Amp’d will use the funding to continue expanding its services and growing its subscriber base.

Waller Capital served as the exclusive financial advisor to Amp’d on the financing.