SAN FRANCISCO--(BUSINESS WIRE)--Today Clinkle Corporation (www.clinkle.com), a stealth startup working to modernize how people transact, announced that it has raised $25 million in seed funding from a broad range of distinguished Silicon Valley investors.
The company was founded in 2011 by Lucas Duplan, then a computer science student at Stanford University. Duplan, now 22, has since assembled a growing team of design, operations, and engineering talent that is building a payment platform designed to bring commerce into the digital age in a novel way.
Investors of the company include Accel Partners, Andreessen Horowitz, Intel Capital, and Intuit Inc., along with: Andrew Viterbi, co-founder, Qualcomm; Bob Joss, former dean, Stanford Business School, and former vice chairman, Wells Fargo; Diane Greene & Mendel Rosenblum, co-founders, VMWare, and respectively, board member, Google, and professor of computer science, Stanford; Dick Fredericks, former United States Ambassador to Switzerland; Gordon Eubanks, former CEO, Symantec; Jim Breyer, partner, Accel Partners; Marc Benioff, founder and CEO, Salesforce; Mehran Sahami, associate chair of computer science, Stanford; Owen Van Natta, former COO, Facebook; Peter Crisp, founding partner, Venrock Associates; Peter Thiel, co-founder and former CEO, Paypal; Regis McKenna; and Ross Perot Jr., among others.
“Technology has transformed so many industries in the past 20 years. Yet, the way we transact hasn’t changed significantly,” said CEO Duplan. “We’re excited by the magnitude of this opportunity and thankful for the support of our investors. Our team has been working really hard, and we’re eager to share our vision with the world.”
“If you think Clinkle’s mission is inspiring, wait until you see the technology behind it,” said Brad Smith, CEO of Intuit. “It’s clear to us that Lucas and his team have achieved impressive technological breakthroughs. Financial transactions are ripe for disruption and we’re excited about Clinkle’s potential.”
“Lucas has a bold vision and an amazing team of talented people executing on it,” said Diane Greene. “Clinkle's approach is fundamentally different from what's out there, and I look forward to watching them revolutionize commerce.”
Clinkle is based in San Francisco and aims to release its payment platform this upcoming year. For additional information, visit Duplans’s blog. Join the conversation: Follow @Clinkle and @lucasduplan on Twitter and like Clinkle on Facebook.
Clinkle is working to modernize the way people transact. Based in San Francisco, the company is planning to introduce its payment platform this upcoming year. For more information and employment opportunities, visit www.clinkle.com.