Tech Company Financing Transactions

Paydiant Funding Round

On 7/10/2012, Paydiant raised $12 million in Series B funding from Stage 1 Ventures, General Catalyst Partners and North Bridge Venture Partners.

Transaction Overview

Company Name
Announced On
7/10/2012
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series B
Investors

Stage 1 Ventures (Lead Investor) (David Baum)

General Catalyst Partners (John Simon)

North Bridge Venture Partners (James Moran)

Proceeds Purpose
The new investment will be used to accelerate product development, sales and marketing.

Company Information

Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
40 Walnut Street
Wellesley, MA 02481
USA
Email Address
Overview
The company operates an online service that facilitates online payments via mobile phones.
Profile
Paydiant LinkedIn Company Profile
Social Media
Paydiant Company Twitter Account
Company News
Paydiant News
Facebook
Paydiant on Facebook
YouTube
Paydiant on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Chris Gardner
  Chris Gardner LinkedIn Profile  Chris Gardner Twitter Account  Chris Gardner News  Chris Gardner on Facebook
Chief Financial Officer
Melinda Smith
  Melinda Smith LinkedIn Profile  Melinda Smith Twitter Account  Melinda Smith News  Melinda Smith on Facebook
Co-Founder
Kevin Laracey
  Kevin Laracey LinkedIn Profile  Kevin Laracey Twitter Account  Kevin Laracey News  Kevin Laracey on Facebook
VP - Bus. Development
Jed Rice
  Jed Rice LinkedIn Profile  Jed Rice Twitter Account  Jed Rice News  Jed Rice on Facebook


 

 

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Prev: 7/10/2012: Planful venture capital transaction
Next: 7/10/2012: Boundary venture capital transaction

 

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We do our best to record every notable VC transaction. VC transactions on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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