Stripe, a San Francisco, CA-based online payments startup, raised $80m in Series C funding.
Backers included Sequoia Capital, Founders Fund, Khosla Ventures, and Allen & Co.
The funds will help the company continue to expand globally.
Launched in 2011 by Patrick and John Collison, Stripe provides a set of unified APIs and tools that enable businesses to accept and manage online and in mobile app payments. The company currently processes billions of dollars a year for thousands of businesses, from start-ups to Fortune 500 companies including Rackspace, Shopify, Reddit, Foursquare, DailyMotion, Lyft, etc.
It employs 83 people and is continuing to hire.
Before this massive round, Stripe had received $50m in funding from Sequoia Capital, Peter Thiel, and Elon Musk.