iSend LLC Obtains $2,000,000 Series A Financing Round

  • Feed Type
  • Date
    7/1/2009
  • Company Name
    iSend LLC
  • Mailing Address
    680 Main St Watertown, CT 06795
  • Company Description
    A privately held company, iSend was founded by Steven LaBella and is located in Watertown, CT. iSend is a leading provider of international electronic payments from the United States to Mexico, Central and South America, and the Caribbean. iSend services provide consumers based in the U.S. a secure, convenient and economical solution to directly pay bills and recharge cellular phones for themselves and for their family back in their home countries through thousands of U.S. retail partner locations.
  • Website
    http://www.isendonline.com/
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The company plans to use the capital to expand its network of U.S. payment locations, establish more partnerships with international wireless carriers and bill payment partners, and expand its marketing initiatives.
  • M&A Terms
  • Venture Investor
    Gray Ghost Ventures
  • Venture Investor
    Village Ventures
  • Venture Investor
    NextLevel Venture Partners