Startups fundings: Zenefits, Stripe, and Harry's can now expand into international markets.
If unfamiliar,
Connectikpeople.co recalls that, this rubric is intended to help organizations,
and investors to live in real-time what happens in the startups world; in terms
of fundings, acquisitions, strategic alliances and more. Regarding the emerging countries, and startups, this is an
instrument for them to discover which Venture Capital or Business angel can
fund their projects
Zenefits (Founded in 2013, San Francisco-based HR management startup), has
raised $15 million in Series A funding from Andreessen Horowitz, Maverick, and Venrock. Zenefits enables small businesses
to transfer administration online for free. Zenefits has raised $17.1 million to date and will use the new
funds to go after larger enterprise
customers and begin expansion into
international markets.
Stripe (Founded in 2001, San Francisco-based payment processing
startup), has raised $80 million in a Series C round led by Founders Fund with participation from new investor Khosla and existing investors Sequoia and Allen & Co. if unfamiliar, Connectikpeople.co recalls that, Stripe has created a simple,
developer-friendly way to accept payments online and currently processes
billion in payments per year. Stripe
has raised $140 million to date and will use the new funding to expand
operations in international markets.
Harry's (Founded in 2013, has raised $122.5 million in seed
funding from Tiger Global, Thrive Capital, Highland Capital, SV Angel, and
others. Harry's, a Warby Parker-style provider of trendy shaving kits for young, tech-savvy consumers,
will put $100 million of the capital toward purchasing razorblade company and
factory Feintechnik to control production. The other $22.5 million will fund
expansion of Harry's current product selection and efforts to increase consumer
appeal.