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August 31, 2011 11:35 pm GMT
Index Ventures is on a roll. The company is leading Dropbox's $4 billion valuation round, and today, we've heard that the fund is making a major investment in Europe's Square competitor iZettle. We've confirmed the funding with a source close to the company. We've also heard from a source the round is 10 million Euros ($14 million) plus.iZettle, which is based in Sweden, launched earlier this year as a card reader that allows users to take credit card payments from chip-enabled credit or debit cards. The free device plugs into the iPhone's port, and you download companion app from App Store and sign up for an iZettle account.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/1BJ2iLdDD5I/
Index To Lead "10 Million-Plus Round In European Square Competitor iZettle
Index Ventures is on a roll. The company is leading Dropbox's $4 billion valuation round, and today, we've heard that the fund is making a major investment in Europe's Square competitor iZettle. We've confirmed the funding with a source close to the company. We've also heard from a source the round is 10 million Euros ($14 million) plus.iZettle, which is based in Sweden, launched earlier this year as a card reader that allows users to take credit card payments from chip-enabled credit or debit cards. The free device plugs into the iPhone's port, and you download companion app from App Store and sign up for an iZettle account.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/1BJ2iLdDD5I/
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