Tech Company Financing Transactions

Braintree Funding Round

Braintree closed a $35 million Series B funding round on 10/17/2012. Investors included New Enterprise Associates, Accel Partners and Greycroft Partners.

Transaction Overview

Company Name
Announced On
10/17/2012
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series B
Investors

New Enterprise Associates (Lead Investor) (Ravi Viswanathan)

Accel Partners (Ryan Sweeney)

Greycroft Partners

RRE Ventures

Proceeds Purpose
The new funding will help Braintree bring to market this year additional new payment capabilities in online and mobile. The company's aggressive international expansion presents new opportunities to serve a global merchant base and give U.S. based merchants unprecedented expansion opportunities overseas.

Company Information

Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
111 N. Canal St. 455
Chicago, IL 60606
USA
Email Address
Overview
We help businesses process credit card payments by providing a merchant account, payment gateway, recurring billing and credit card storage. We work with companies primarily based in the U.S. but do have several large international customers. We're unlike others in the industry; we think and do things differently and are frequently told by our customers that we're a breath of fresh air.
Profile
Braintree LinkedIn Company Profile
Social Media
Braintree Company Twitter Account
Company News
Braintree News
Facebook
Braintree on Facebook
YouTube
Braintree on YouTube

Management Team

Title
Name
Email & Social
Chairman
Bryan Johnson
  Bryan Johnson LinkedIn Profile  Bryan Johnson Twitter Account  Bryan Johnson News  Bryan Johnson on Facebook
Chief Executive Officer
Bill Ready
  Bill Ready LinkedIn Profile  Bill Ready Twitter Account  Bill Ready News  Bill Ready on Facebook
Chief Operating Officer
Amit Jhawar
  Amit Jhawar LinkedIn Profile  Amit Jhawar Twitter Account  Amit Jhawar News  Amit Jhawar on Facebook
Chief Technical Officer
Juan Benitez
  Juan Benitez LinkedIn Profile  Juan Benitez Twitter Account  Juan Benitez News  Juan Benitez on Facebook


 

 

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Prev: 10/16/2012: NewsCred venture capital transaction
Next: 10/17/2012: OutSmart Power Systems venture capital transaction

 

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