$6M for Payvment


San Francisco-based Payvment, whose software allows companies to open e-commerce storefronts within Facebook, said today it has raised $6 million in new funding in a Series B round led by Sierra Ventures. Existing investor Blue Run Ventures returned for the round. Sierra partner Vispi Daver has joined Payvment’s board of directors. Payvment raised $1.15 million in a March 2010 Series A round.

Wade Roush is Chief Correspondent and Editor At Large at Xconomy. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @

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