Finance > Venture Deals Database > Venture Transactions Database > Monthly Deals (All) > July 2012 VC Transactions
Paydiant

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

Paydiant

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

Phone

(781) 591-3300

Website

www.paydiant.com

Email Address

[email protected]

Overview

The company operates an online service that facilitates online payments via mobile phones.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Chris Gardner

Chief Financial Officer

Melinda Smith

Co-Founder

Kevin Laracey

VP - Bus. Development

Jed Rice

Browse more venture capital transactions:

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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