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December 9, 2011 12:37 pm GMT
European e-commerce payments provider Klarna just raised a huge, pre-IPO round of $155 million. The round was led by General Atlantic and DST Global, and included Sequoia Capital, which led its last $9 million round in May, 2010. At that time, Sequoia partner Michael Moritz (he of Google, PayPal, and Yahoo fame) joined the board.The new round almost certainly puts Klarna's valuation into Europe's billion-dollar tech club.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/VD50zfIyOrM/
European Payment Service Klarna Raises A Whopping $155 Million From DST, General Atlantic, And Sequoia
European e-commerce payments provider Klarna just raised a huge, pre-IPO round of $155 million. The round was led by General Atlantic and DST Global, and included Sequoia Capital, which led its last $9 million round in May, 2010. At that time, Sequoia partner Michael Moritz (he of Google, PayPal, and Yahoo fame) joined the board.The new round almost certainly puts Klarna's valuation into Europe's billion-dollar tech club.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/VD50zfIyOrM/
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