IP Commerce Secures $20,700,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=23e8b3d2-f46a-441e-bf44-bb4259ddf972&Preview=1
Date
9/8/2011
Company Name
IP Commerce
Mailing Address
1001 17th Street Denver, CO 80202
Company Description
IP Commerce provides the world’s first open commerce network delivering on-demand access to the next generation of commerce services. The company connects leading financial institutions with software developers and established distribution channels. IP Commerce opens worlds of commerce.
Website
http://www.ipcommerce.com
Transaction Type
Venture Equity
Transaction Amount
$20,700,000
Transaction Round
Undisclosed
Proceeds Purposes
The funding will be used to further enhance the capabilities within the IP Commerce Platform and drive application developer adoption.
M&A Terms
Venture Investor
Intel Capital
Venture Investor
Meritage Funds
Venture Investor
Venrock
Venture Investor
Undisclosed