SquareTrade Receives $4,000,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=65e86885-a68a-4284-bef4-f779bbff7da0&Preview=1 -
Date
9/11/2008 -
Company Name
SquareTrade -
Mailing Address
575 Market Street San Francisco, CA 94105 -
Company Description
SquareTrade makes warranties that make sense. With lower prices (40% less on average than retail warranties), a no-pressure way to buy online, and no-hassle 5-day service guarantee, SquareTrade is the smart choice for warranty coverage. Buy your item anywhere – online or in a store – then get a better warranty directly from www.squaretrade.com or call 877-WARRANTY. SquareTrade is the only service consistently rated 5 of 5 by consumers. -
Website
http://www.squaretrade.com -
Transaction Type
Debt -
Transaction Amount
$4,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Steve Abernethy, President, CEO, and co-founder of SquareTrade said, “The financing lets us accelerate our rapid retailer adoption and further increase consumer awareness of our industry changing service.” -
M&A Terms
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Venture Investor
BlueCrest Capital Finance LP
