Retail payments dominate this week, and data analytics and security, in particular, seemed to tickle the fancy of investors.
Here’s what happened the week ending July 11th
The Big Takeaways for Payments and Commerce
- $329 Million in financial activity was observed across a variety of investment types – VC funding, private placements, etc. Of that total, $247 Million was the driven by strategic or venture –backed investments the biggest transaction was debt financing for mBlox provided by Horizon Technology Finance for $43.5 Million.
- From a geographic perspective US was the most active region followed by Canada.
- The median investment amount was $6.9 Million.
The Retail and Commercial Payments Top 20
Here are the top 20 investments that drove 90 percent of the funding activity in the first two weeks of July 2014.