Tech Company Financing Transactions
MineralTree Funding Round
On 2/28/2011, MineralTree raised $1.5 million in Series A funding from .406 Ventures and private investors.
Transaction Overview
Company Name
Announced On
2/28/2011
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Series A
Investors
.406 Ventures (Lead Investor) (Maria Cirino)
Proceeds Purpose
The investment round funded development of the company's cloud-based payments solution, which enables SMBs and their banks to minimize the widespread inefficiencies and rapidly growing risks in the SMB sector. The funding also fueled MineralTree's initial employee, partner and customer acquisitions.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
125 Cambridge Park Dr.
Cambridge, MA 02140
USA
Cambridge, MA 02140
USA
Phone
Website
Email Address
Overview
MineralTree is a venture-backed software company based in Boston, Massachusetts. The company's leadership team has a long track record of creating innovative new technology-based solutions to long-standing problems in banking and financial services.
Management Team
Title
Name
Email & Social
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