An Interest In:
Web News this Week
- March 28, 2024
- March 27, 2024
- March 26, 2024
- March 25, 2024
- March 24, 2024
- March 23, 2024
- March 22, 2024
Some of Our Sources
- Mashable
- Technology Review
- Web Designer Wall
- FanExtra - PSD
- Crazy Leaf Design
- My Ink Blog
- Wal You
- Spyre Studios
- Codrops
- Willems Lab
Help Webnuz
Referal links:
June 8, 2011 02:48 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/oej1QKW31_w/
Square Raising New Round, Joining Billion Dollar Valuation Club
img src='https://tctechcrunch.files.wordpress.com/2011/06/squareup1.jpg' class="snap_nopreview shot" alt="" />There are a bevy of startups in the process of raising big rounds of capital at billion dollar or higher valuations - something that was a rare occurrence even a few months ago. We're tracking most of these deals (and have written about the ones we've confirmed). Now, we've confirmed via multiple sources, is payment startup Square's turn.The company is raising $50 million or more, says sources, at a valuation that will likely be north of $1 billion. It's still fairly early in the process, though, and the company is rumored to be meeting with additional venture and private equity firms to either fill out the round or encourage a higher valuation. But at least one term sheet has been received by the company, says one source.COO Keith Rabois was in a particularly chipper mood when he sat down with me two weeks ago at TechCrunch Disrupt to talk about how Square is doing.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/oej1QKW31_w/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch