Billing Revolution Raises $6.6M

Seattle-based e-commerce startup Billing Revolution has raised $6.6 million in a Series B financing round led by DCM and SK Telecom Ventures, according to multiple reports (TechCrunch appears to have published it first). The company makes software that allows mobile application developers to incorporate credit-card sales. Unlike other mobile-payment startups, such as Square, Billing Revolution’s system is entirely software-based and doesn’t require a second device for swiping a card. The company was founded by CEO Andy Kleitsch, an AT&T Wireless alum who founded WeddingChannel.com and sold it to The Knot for about $80 million.

Author: Curt Woodward

Curt covered technology and innovation in the Boston area for Xconomy. He previously worked in Xconomy’s Seattle bureau and continued some coverage of Seattle-area tech companies, including Amazon and Microsoft. Curt joined Xconomy in February 2011 after nearly nine years with The Associated Press, the world's largest news organization. He worked in three states and covered a wide variety of beats for the AP, including business, law, politics, government, and general mayhem. A native Washingtonian, Curt earned a bachelor's degree in journalism from Western Washington University in Bellingham, WA. As a past president of the state's Capitol Correspondents Association, he led efforts to expand statehouse press credentialing to online news outlets for the first time.