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Square Closes That $100 Million Round, Mary Meeker Joins Board

It's official. Jack Dorsey's Square has joined the billion dollar valuation club . The mobile payments startup closed a $100 million series C led by Kleiner Perkins, a story we broke a few weeks ago. The new round values Square above $1 billion. Tiger Management is also an investor. And Mary Meeker, the former Morgan Stanley Internet analyst who is now a partner at Kleiner, will get a board seat.
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