Braintree Garners $35,000,000 Series B Round
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=08b5fd94-0e7b-43a0-aba3-9a9fd1006803&Preview=1 -
Date
10/17/2012 -
Company Name
Braintree -
Mailing Address
833 W. Jackson Chicago, IL 60607 -
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
$35,000,000 -
Transaction Round
Series B -
Proceeds Purposes
The new funding will help Braintree bring to market this year additional new payment capabilities in online and mobile. The company’s aggressive international expansion presents new opportunities to serve a global merchant base and give U.S. based merchants unprecedented expansion opportunities overseas. -
M&A Terms
-
Venture Investor
New Enterprise Associates -
Venture Investor
Accel Partners -
Venture Investor
RRE Ventures -
Venture Investor
Greycroft Partners
