Tech Company Financing Transactions

MerchantCircle Funding Round

Rustic Canyon Partners, Scale Venture Partners and Square 1 Bank invested in a $10 million Series B funding round for MerchantCircle. The financing was announced on 11/7/2007.

Transaction Overview

Company Name
Announced On
11/7/2007
Transaction Type
Debt
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Proceeds Purpose
The investment validates the company's "merchant-first" business model and allows MerchantCircle to pursue new acquisition opportunities.

Company Information

Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
201 Main Street 100
Los Altos, CA 94022
USA
Phone
Undisclosed
Email Address
Overview
MerchantCircle is the largest online network of local business owners in the nation, combining social networking aspects with a customizable web listing that allows merchants to attract new customers. More than 14 million MerchantCircle business listings across the country are easily accessed on major search engines.
Profile
MerchantCircle LinkedIn Company Profile
Social Media
MerchantCircle Company Twitter Account
Company News
MerchantCircle News
Facebook
MerchantCircle on Facebook
YouTube
MerchantCircle on YouTube

Management Team

Title
Name
Email & Social
Chairman
Ben Smith
  Ben Smith LinkedIn Profile  Ben Smith Twitter Account  Ben Smith News  Ben Smith on Facebook
Co-Founder
Wayne Yamamoto
  Wayne Yamamoto LinkedIn Profile  Wayne Yamamoto Twitter Account  Wayne Yamamoto News  Wayne Yamamoto on Facebook
VP - Bus. Development
Doug Kilponen
  Doug Kilponen LinkedIn Profile  Doug Kilponen Twitter Account  Doug Kilponen News  Doug Kilponen on Facebook
VP - Marketing
Darren Waddell
  Darren Waddell LinkedIn Profile  Darren Waddell Twitter Account  Darren Waddell News  Darren Waddell on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/7/2007: Aria Systems venture capital transaction
Next: 11/7/2007: Novomer venture capital transaction

 

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We do our best to document every notable VC transaction. All VC database entries reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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