FiftyOne Receives $387,000 New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0f348c2b-5cbb-4db2-8e6b-6923f65928bf&Preview=1 -
Date
9/30/2010 -
Company Name
FiftyOne -
Mailing Address
8 W. 40th St. 5th Floor New York, NY 10018 -
Company Description
The company introduced a patented technology that allowed ecommerce retailers to automatically present and settle transactions in the currencies its international visitors preferred, sheltering retailers and consumers transacting in different countries from foreign exchange rate volatility. -
Website
http://www.fiftyone.com -
Transaction Type
Venture Equity -
Transaction Amount
$387,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
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Venture Investor
Adams Street Partners -
Venture Investor
Undisclosed
