Thursday, May 16, 2013

Marqeta Finds $14M For Online Commerce, Payments

Emeryville-based Marqeta, a developer of online commerce and payments software, said Thursday that it has raised $14M in a Series B funding. The funding came from Greylock IL (an affiliate fund of Greylock Partners), Granite Ventures, Commerce Ventures, as well as un-named angel and strategic investors. Marqeta said it would use the funding to develop new featuers and expand its footprint. Marqeta's founder and CEO is Jason Gardner; the company is focused on stored value, gift card, loyalty, and other rewards cars. More information »