Tech Company Financing Transactions

PayNearMe Funding Round

On 1/22/2013, PayNearMe landed $10 million in Series D financing from August Capital, Khosla Ventures and Maveron.

Transaction Overview

Company Name
Announced On
1/22/2013
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series D
Investors

August Capital (Lead Investor) (David Hornik)

Khosla Ventures (David Weiden)

Maveron (Daniel Levitan)

True Ventures (Jon Callaghan)

Proceeds Purpose
The company will use the financing to bring its service to smaller merchants.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
292 Gibraltar Dr. 104
Sunnyvale, CA 94089
USA
Email Address
Overview
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.
Profile
PayNearMe LinkedIn Company Profile
Social Media
PayNearMe Company Twitter Account
Company News
PayNearMe News
Facebook
PayNearMe on Facebook
YouTube
PayNearMe on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Danny Shader
  Danny Shader LinkedIn Profile  Danny Shader Twitter Account  Danny Shader News  Danny Shader on Facebook
Chief Technical Officer
Kurt Thams
  Kurt Thams LinkedIn Profile  Kurt Thams Twitter Account  Kurt Thams News  Kurt Thams on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/22/2013: Simply Measured venture capital transaction
Next: 1/22/2013: BuildingIQ venture capital transaction

 

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About Our Venture Capital Transactions Database

We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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