Recurly Secures $6,000,000 Series A Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=26a5f46f-3e43-4eac-91f4-30aaa36776b4&Preview=1
Date
1/24/2012
Company Name
Recurly
Mailing Address
300 Brannan Street San Francisco, CA 94107
Company Description
Recurly makes subscription billing easy. No matter what your industry, Recurly wants to help you maximize your recurring revenue with minimal effort.
Website
http://www.recurly.com
Transaction Type
Venture Equity
Transaction Amount
$6,000,000
Transaction Round
Series A
Proceeds Purposes
The new funding will be used for hiring in engineering and support and for growth expansion.
M&A Terms
Venture Investor
BV Capital
Venture Investor
Polaris Venture Partners
Venture Investor
Harrison Metal Capital
Venture Investor
Freestyle Capital