Square Seals $100M, Adds Mary Meeker to Board

Square, the San Francisco-based mobile payments start-up, has sealed $100 million in Series C venture capital led by Kleiner Perkins Caufield & Byers, and added Mary Meeker to its board. Tiger Global Management also contributed to the round. Square launched last year with its card reader and application designed to help for individuals and businesses to accept payments on their mobile devices. In addition to Meeker, the company has bolstered its board recently by adding former Treasury secretary Larry Summers and Silicon Valley VC Vinod Khosla.

29 June 2011•2 mins read
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