Square Closes $200M Series D Financing Round

Square, a San Francisco, CA-based developer and provider of a free credit card reader, has closed its Series D financing round reportedly raising $200m.

Backers include Citi Ventures, Rizvi Traverse Management, and Starbucks Coffee Company.

Founded in 2009, Square has developed a a free credit card reader for the iPhone, iPad, and Android devices, that allows users to accept credit cards anywhere, anytime. It offers (only in the U.S.):
– Square Register, which allows businesses to accept payments, track inventory, and share menu and location information.
– Pay with Square, which enables individuals to pay with their names at local merchants, discover businesses, explore menu listings, and store receipts.
Square has over 400 employees and is continuing to hire (https://squareup.com/jobs).



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