Square Lands $100M In Series C
San Francisco-based Square, the developer of a mobile credit card reader and application, has raised $100M in a Series C financing. The firm said the funding was led by Kleiner Perkins Caufield & Byers, and also included Tiger Global Management. Square allows users to scan credit cards using their iPhone, iPad, or Android devices, serving as a point of sale system for businesses. The firm is led by Jack Dorsey. Mark Meeker of KPCB joins the company's board as part of the funding.
posted on Wednesday, June 29, 2011 (Link to more information)
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