PayNearMe Lands $16,000,000 Series C Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5d606d5d-e08f-4eef-935f-3a961aae2f72&Preview=1 - Date
11/16/2010 - Company Name
PayNearMe - Mailing Address
100 View Street Mountain View, CA 94041 - Company Description
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. - Website
http://www.PayNearMe.com - Transaction Type
Venture Equity - Transaction Amount
$16,000,000 - Transaction Round
Series C - Proceeds Purposes
The company will use the funds to expand its network of retailer payment locations and payees, and to launch new service offerings, including its new mobile payment option, announced separately today. - M&A Terms
- Venture Investor
Khosla Ventures - Venture Investor
August Capital - Venture Investor
True Ventures - Venture Investor
Maveron LLC
