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Square Closes Series D Financing
Published on:
Mobile credit card processor, Square has closed its Series D financing round. Investors participating in the round include Citi Ventures, Rizvi Traverse Management, and Starbucks Coffee Company.
One year ago, Square had approximately 150 employees and processed over $1 billion in payments on an annualized basis. Today, Square has over 400 employees and is processing over $8 billion in payments on an annualized basis.
Square said that its growing revenue and workforce precedes the company's plans for international expansion later this year.
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