This content is from: Innovation

Square Gets $100M In VC Funding

Mobile payment start-up company Square has secured $100 million in venture financing.

Mobile payment start-up company Square has secured $100 million in venture financing, The Wall Street Journal reports. The financing round was led by venture capital firm Kleiner Perkins Caufield & Byers (KPCB).

New York firm Tiger Global Management also participated, adds Reuters. The San Francisco-based companyintends to use the funding to increase its growth. Mary Meeker has been appointed to represent KPCB on Square’s board.

Click here for the story from The Wall Street Journal.

Click here for additional coverage from Reuters.

Related Content