Monday, September 28, 2015

Report: Square IPO Filing Imminent

San Francisco-based payment technology provider Square is planning to file for an IPO within the next two weeks, according to a report from Fortune. Details on the IPO have not yet been released. Square is venture backed by Citi Ventures, Government of Singapore Investment Corporation, Khosla Ventures, Kleiner Perkins Caufield and Byers. Rizvi Traverse Management, Sequoia Capital, Starbucks, Tiger Global, Visa and Richard Branson. The company has raised more than $600M in funding, and was reportedly valued at over $6 billion in its most recent funding round.