Square Closes That $100 Million Round, Mary Meeker Joins Board
June 29, 2011 at 01:21 AM EDT
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.