Ventures Roundup: Adfone raises $7.5M; Net Element considers ‘strategic alternatives’ including sale

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    Adfone

    $7.5 million

    Series: Seed

    Founder and CEO: Brian Boroff

    HQ: Fort Lauderdale

    Details: The startup, founded in 2015, will use the capital injection to further develop its Play2Pay platform, which allows users to reduce their mobile phone bills by watching videos and completing special offers and surveys on their devices, paid for by brands.