Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=08b5fd94-0e7b-43a0-aba3-9a9fd1006803&Preview=1
Date 10/17/2012
Company Name Braintree
Mailing Address 833 W. Jackson Chicago, IL 60607
Company Description We help businesses process credit card payments by providing a merchant account, payment gateway, recurring billing and credit card storage. We work with companies primarily based in the U.S. but do have several large international customers. We’re unlike others in the industry; we think and do things differently and are frequently told by our customers that we’re a breath of fresh air.
Proceeds Purposes The new funding will help Braintree bring to market this year additional new payment capabilities in online and mobile. The company’s aggressive international expansion presents new opportunities to serve a global merchant base and give U.S. based merchants unprecedented expansion opportunities overseas.