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Clinkle was an American startup founded in 2011, which sought to facilitate mobile payments with ultrasonic signals emitted by smartphones. The company's $25 million seed round in June 2013 was the largest in Silicon Valley history. Clinkle abandoned its ultrasonic technology due to insurmountable technical challenges and pivoted to launching a prepaid debit card service in 2014. The com

A securities offering (or funding round or investment round) is a discrete round of investment, by which a business or other raises money to fund operations, expansion, a capital project, an acquisition, or some other business purpose.