BuySimple Raises $700K

BuySimple (previously known as Minno), a Palo Alto, CA-based online micropayments company, has raised $700k.

Investors include GRP Partners, Farhad Mohit (founder of Shopzilla), Jack Abraham (founder of Milo), and other angels.

BuySimple was founded by Calvin Young and Noah Ready-Campbell.

The company’s solution is designed to allow users to easily buy items (such as webapps, pictures, music, and movies) online signing up with Facebook Connect and without subscribe and represents a pay-per-use tool to monetize their websites for online merchants.



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