Braintree Payment Solutions Garners $34,000,000 Series A Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a40495d2-1f96-4744-b7f9-fb4d4e760499&Preview=1 -
Date
6/29/2011 -
Company Name
Braintree Payment Solutions -
Mailing Address
Undisclosed Chicago, IL 60622 -
Company Description
We help businesses process credit card payments by providing a merchant account, payment gateway, recurring billing and credit card storage. We work with companies primarily based in the U.S. but do have several large international customers. We’re unlike others in the industry; we think and do things differently and are frequently told by our customers that we’re a breath of fresh air. -
Website
http://www.braintreepayments.com -
Transaction Type
Venture Equity -
Transaction Amount
$34,000,000 -
Transaction Round
Series A -
Proceeds Purposes
This investment will allow us to improve our customers’ lives by giving us the resources both to further improve our core products and pursue exciting opportunities in payments. -
M&A Terms
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Venture Investor
Accel Partners
