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Balanced Raises $2M For Online Payment Processing
San Francisco-based Balanced, a provider of electronic payment services for e-commerce businesses, has raised $2M in a new seed funding, the firm said today. The funding came from Andreessen Horowitz and Collaborative Fund. Balanced said the funding brings its total raised to $3.4M. The firm's other seed investors include Y Combinator, SV Angel, Airbnb CEO Brian Chesky, reddit CEO Yishan Wong, Ashton Kutcher, including a number of other angel investors. The company is specifically aiming and helping marketplaces like Kickstarter and Airbnb handle their payment issues.
posted on Tuesday, April 2, 2013 (Link to more information)

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