Tag Archives: Lawrence Summers

Square Corrals $100 Million, Achieves $1 Billion Valuation

Courtesy: GigaOM

Twitter co-founder Jack Dorsey revolutionized mobile payments with Square, which made credit card transactions over mobile devices simple and cheap for merchants and small business owners. The San Francisco-based start-up announced via its Twitter account yesterday it had received more investor love, raising $100 million in its Series C Financing round led by veteran VC firm Kleiner Perkins Caufield & Byers. READ MORE »