Monday, July 1, 2013

Clinkle Finds $25M For Payment Technology

San Francisco-based Clinkle, which is developing a new, stealthy payment platform, has raised $25M in a seed funding round, the firm has announced. Clinkle said the funding came from Accel Partners, Andreessen Horowitz, Intel Capital, and Intuit, as well as angels Andrew Viterbi (Qualcomm), Bob Joss (Stanford Business School), Diane Greene (VMware), Mendel Rosenblum (VMware), Dick Fredericks (former United States Ambassador to Switzerland), Gordon Eubanks (Symantec), Jim BReyer (Accel Partners), Marc Benioff (Salesforce), Mahran Sahami (Stanford), Owen Van Natta (Facebook), Peter Crisp (Venrock), Peter Thiel, Regis McKenna, and Ross Perot, Jr. The firm said it plans to roll out its payment platform later this year. The firm was founded by 22-year old Lucas Duplan, who was a computer science student at Stanford. More information »