Friday, May 4, 2012

WePay Raises $10M For Online Payments

Palo Alto-based online payments firm WePay has raised $10M in a Series C funding, the firm said Thursday. The round was led by Ignition Partners, and also included Highland Capital Partners and August CApital. Chris Howard of Ignition joins the company's board as part of the funding. The firm said the funds will go to scale its technology and workforce, which is currently at 40 employees in Palo Alot. The company is led by Bill Clerico. More information »