Tech Company Financing Transactions
Braintree Funding Round
Braintree, operating out of Chicago, secured $34 million from Accel Partners.
Transaction Overview
Company Name
Announced On
6/29/2011
Transaction Type
Venture Equity
Amount
$34,000,000
Round
Series A
Investors
Accel Partners (Brian Sweeney)
Proceeds Purpose
This investment will allow us to improve our customers' lives by giving us the resources both to further improve our core products and pursue exciting opportunities in payments.
Company Information
Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
111 N. Canal St. 455
Chicago, IL 60606
USA
Chicago, IL 60606
USA
Phone
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Bryan Johnson
Chief Executive Officer
Bill Ready
Chief Operating Officer
Amit Jhawar
Chief Technical Officer
Juan Benitez
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