Tech Company Financing Transactions
WePay Funding Round
WePay, based in Palo Alto, secured $1.7 million from August Capital and private investors.
Transaction Overview
Company Name
Announced On
12/23/2009
Transaction Type
Venture Equity
Amount
$1,650,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
455 Portage Ave. B
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Website
Email Address
Overview
WePay is a payment tool that allows users to instantly create accounts for anything.These accounts provide electronic billing and collection through echecks, credit cards, and paper checks, and enable transparent spending through WePay debit cards, online bill pay, and electronic transfers.
Management Team
Title
Name
Email & Social
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About Database of VC Transactions
We do our best to record tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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