Tech Company Financing Transactions
Planet Payment Funding Round
Planet Payment, based in Long Beach, raised $10.5 million in funding from IA Capital Group.
Transaction Overview
Company Name
Announced On
3/31/2006
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Publicly-held
Industry
ECommerce
Mailing Address
670 Long Beach Blvd.
Long Beach, NY 11561
USA
Long Beach, NY 11561
USA
Phone
Website
Email Address
Overview
Planet Payment (LSE: AIM: PPTR & PPT) is a multi-currency payment and data processor, enablingprocessors, acquiring banks and their merchants to accept, process andreconcile credit card transactions in multiple currencies, allowingcardholders to view prices and settle transactions in their nativecurrency.
Management Team
Title
Name
Email & Social
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We do our best to document every notable VC transaction. VC investment data records on this site come from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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