Clinkle Raises $25M in Seed Funding

Clinkle Corporation, a San Francisco-CA-based stealth startup that is developing an innovative payment platform, raised $25m in seed funding.

Investors include Accel Partners, Andreessen Horowitz, Intel Capital, and Intuit Inc., along with:
Andrew Viterbi, co-founder, Qualcomm;
Bob Joss, former dean, Stanford Business School, and former vice chairman, Wells Fargo;
Diane Greene & Mendel Rosenblum, co-founders, VMWare, and respectively, board member, Google, and professor of computer science, Stanford;
Dick Fredericks, former United States Ambassador to Switzerland;
Gordon Eubanks, former CEO, Symantec;
Jim Breyer, partner, Accel Partners;
Marc Benioff, founder and CEO, Salesforce;
Mehran Sahami, associate chair of computer science, Stanford;
Owen Van Natta, former COO, Facebook;
Peter Crisp, founding partner, Venrock Associates;
Peter Thiel, co-founder and former CEO, Paypal;
Regis McKenna; and Ross Perot Jr.

The company intends to use the funds to expand its team.

Founded in 2011 by Lucas Duplan, Clinkle has not released information about its platform but the fact that it “is rebuilding your analog wallet from the ground up to bring you the future of payment“. They are planning to introduce its platform in 2014.



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