BitPass is an online payment system allowing users to deposit money in an online account and pay for digital contents and services.
Business Model: B2C
Revenue: $0
Employees: 51-200
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City: Mountain View
State: California
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Country: United States
Founded in December 2002, BitPass was an online payment system for digital content and services. The service worked by allowing users to deposit money in an online account, and using that stored value amount to pay for digital content and services. The company had partnerships with high-profile firms like Microsoft, PayPal, the Royal Bank of Scotland and First Data. For undisclosed reasons, BitPass announced that they were shutting down operations in January 2007, and officially closed on January 26, 2007.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 9/2004 | Series B | 6 | $11.8M |
Steamboat Ventures Constantin Partners Cardinal Venture Capital RRE Ventures Amicus Capital Garage Technology Ventures Steamboat Ventures Constantin Partners Cardinal Venture Capital RRE Ventures Amicus Capital Garage Technology Ventures |
7/2003 | Series A | 4 | $1.5M |
Cardinal Venture Capital Amicus Capital Garage Technology Ventures Constantin Partners Cardinal Venture Capital Garage Technology Ventures Cardinal Venture Capital Amicus Capital Garage Technology Ventures Constantin Partners Cardinal Venture Capital Garage Technology Ventures |
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Announced Date | Name | Price |
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1/2005 | Yaga, Inc. |
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