Paydiant Gets $7.6M for Mobile Payments

Boston-area mobile payments startup Paydiant has raised $7.6 million in Series A financing led by North Bridge Venture Partners and General Catalyst Partners. The news was first reported in a blog post by Scott Kirsner. Paydiant was founded by former edocs veterans Chris Gardner (also from m-Qube and ExtendMedia), Kevin Laracey (Siebel and Sigma Partners), and Joe Paratore (m-Qube and Verisign). The company is still in pseudo-stealth mode.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and Editor of Xconomy Boston. E-mail him at gthuang [at] xconomy.com. Follow @gthuang

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