Braintree
Braintree powers payments for innovative and high-growth mobile and online businesses. Braintree provides an easy-to-integrate API for developers while ensuring the merchants’ end users have a frictionless and secure experience at checkout. Braintree’s full-stack payments solution includes a payment gateway, merchant account, recurring billing, and credit card storage.
Braintree’s solution has been proven to scale and support many of the most discerning, high-growth companies on the web, including Rovio/Angry Birds, LivingSocial, 37signals, Airbnb, Fab.com, OpenTable, Uber, HotelTonight, Heroku, Engine Yard and GitHub. Founded in 2007, Braintree is now processing more than $4 billion in annual credit card volume from over 2,000 merchants, and its rapid growth earned it a spot on the 2011 Inc. 500 List as the nation’s 47th fastest-growing private company. Braintree was profitably bootstrapped for four years before accepting a $34 million investment from Accel Partners in 2011. Visit us at www.braintreepayments.com and on Twitter @braintree.
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Amount:
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$34,000,000 |
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Type:
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Investment |
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Date:
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May 31, 2011 |
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Investors:
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Accel Partners |
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Amount:
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$1,000,007 |
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Date:
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October 31, 2011 |
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Investors:
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Nigel Morris |
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Amount:
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$35,000,000 |
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Type:
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Investment |
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Date:
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October 17, 2012 |
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Investors:
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NEA, Accel Partners |