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>> ANDREESSEN HOROWITZ Latest News

APR 02, 2013 - AllThingsD

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Payments Startup Balanced Raises $2 Million

Balanced, a startup which focuses on bringing payments systems to network-based companies like Airbnb, Kickstarter and Etsy, announced Tuesday it raised $2 million in venture capital. Andreessen Horowitz participated in the round, along with CollabFund and a number of current and former Facebook employees. The three-person startup had already raised $1.4 million in funds from Ashton Kutcher, Airbnb CEO Brian Chesky and Reddit CEO Yishan Wong, among others.

Tags: Payments Startup Balanced Raises $2 Million,  Andreessen Horowitz Latest News