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May 7, 2012 09:00 pm GMT
Gumroad, the startup that lets individuals receive e-payments through a simple URL link, has received $7 million in new funding led by Silicon Valley venture capital stalwart Kleiner Perkins Caulfield & Byers.The round, which serves as Gumroad's Series A, brings the startup's total outside investment to just over $8 million -- Gumroad closed on $1.1 million in seed funding back in February, and all those investors also pitched into this round. Gumroad founder and CEO Sahil Lavingia tells me the new funding will be used primarily to aggressively hire more people and bulk up its current staff of three.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9PZ3Qmg3-1U/
Gumroad Gets $7 Million Series A From Kleiner Perkins For Indie E-Payment Platform
Gumroad, the startup that lets individuals receive e-payments through a simple URL link, has received $7 million in new funding led by Silicon Valley venture capital stalwart Kleiner Perkins Caulfield & Byers.The round, which serves as Gumroad's Series A, brings the startup's total outside investment to just over $8 million -- Gumroad closed on $1.1 million in seed funding back in February, and all those investors also pitched into this round. Gumroad founder and CEO Sahil Lavingia tells me the new funding will be used primarily to aggressively hire more people and bulk up its current staff of three.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9PZ3Qmg3-1U/
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