Braintree Garners $35,000,000 Series B Round

  • Feed Type
  • 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

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