WePay Garners $10,000,000 New Round
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=43ec0575-90a1-4725-9796-dc9b90b044c8&Preview=1 -
Date
5/3/2012 -
Company Name
WePay -
Mailing Address
455 Portage Ave Palo Alto, CA 94306 -
Company Description
WePay is a payment tool that allows users to instantly create accounts for anything.
These accounts provide electronic billing and collection through echecks, credit cards, and paper checks, and enable transparent spending through WePay debit cards, online bill pay, and electronic transfers. -
Website
http://www.wepay.com -
Transaction Type
Venture Equity -
Transaction Amount
$10,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The company will use the financing to expand its platform and add employees. -
M&A Terms
-
Venture Investor
Ignition Partners -
Venture Investor
Highland Capital Partners -
Venture Investor
August Capital
