Tech Company Financing Transactions
Payworks Funding Round
On 2/15/2018, Payworks received $14.5 million in Series B funding from CommerzVentures, Finparx and Speedinvest.
Transaction Overview
Company Name
Announced On
2/15/2018
Transaction Type
Venture Equity
Amount
$14,500,000
Round
Series B
Investors
Proceeds Purpose
Payworks plans to use the new funds to drive global growth and scale, focusing on increasing its R&D and Product teams across offices in Munich, New York, London and Barcelona. This will enable the company to fulfill the growing demand for its solutions amongst its growing global client base.
Company Information
Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
Dingolfinger Str. 15
Munich, 81673
Germany
Munich, 81673
Germany
Phone
Undisclosed
Website
Email Address
Overview
Payworks is the provider of Pulse, a next generation Point of Sale payment gateway technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Christian Deger
Chief Financial Officer
Heike O'Donnell
Chief Technical Officer
David Bellem
Co-Founder
Simon Eumes
VP - Product Management
Johannes Lechner
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We report on every notable VC transaction. VC transactions reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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