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Stealth Mode Startups Attracting Huge Investments

By SiliconIndia   |   Thursday, 16 February 2012, 02:13 Hrs
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Fremont: Generally investors flock to put their money into a company which has established itself, but many a startups are lucky enough to grab the attention of the investors even though they are operating on a stealth mode. This proves that all the investors need is an amazing idea which has the potential to make it large in the industry. Here are few stealth mode startups which have scooped in huge investments from the VCs.



Stripe



Stripe, Sequoia Capital, seed roundOnline payment system company Stripe raised $18 million at a valuation of $100 million from Sequoia Capital. Previously, the company had raised $1.8 million in its seed round. The company enables online merchants to accept credit card payments, allows anyone build custom forms and makes sure that all the sensitive data is safe and secure.



Founded in 2010 by John Collison and Patrick Collison, it offers no monthly charges or setup fees, but a transaction fee of 2.9 percent and 30 cents per successful charge.



 



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