PayNearMe Lands $16,000,000 Series C Financing

  • Feed Type
  • Date
    11/16/2010
  • Company Name
    PayNearMe
  • Mailing Address
    100 View Street Mountain View, CA 94041
  • Company Description
    PayNearMe enables consumers to pay conveniently with cash for a wide variety of goods and services from leading companies in e-commerce, direct response and catalog marketing, consumer finance and beyond at a local store, starting with more than 6,000 7-Eleven stores across the United States.
  • Website
    http://www.PayNearMe.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The company will use the funds to expand its network of retailer payment locations and payees, and to launch new service offerings, including its new mobile payment option, announced separately today.
  • M&A Terms
  • Venture Investor
    Khosla Ventures
  • Venture Investor
    August Capital
  • Venture Investor
    True Ventures
  • Venture Investor
    Maveron LLC

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