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square [2023/04/06 01:26]
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square [2023/04/06 02:40] (current)
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 ===== History ===== ===== History =====
  
-Development for Square began in 2009, with [[Jack Dorsey]] and [[Jim McKelvey]] launching the first version of the service in 2010.((Robischon, N. (2010, May 11). //Square Brings Credit Card Swiping to the Mobile Masses, Starting Today.// Fast Company. http://archive.today/2013.10.21-075818/http://www.fastcompany.com/1643271/square-brings-credit-card-swiping-mobile-masses-starting-today))+In 2009, [[Jack Dorsey]] and [[Jim McKelvey]] began developing the Square payment service. The pair demonstrated the tech to investors at the 2009 [[Allen & Company]] conference, earning themselves an investment from [[Khosla Ventures]].((Robischon, N. (2010, May 11). //Square Brings Credit Card Swiping to the Mobile Masses, Starting Today.// Fast Company. http://archive.today/2013.10.21-075818/http://www.fastcompany.com/1643271/square-brings-credit-card-swiping-mobile-masses-starting-today)) 
 + 
 +Square headhunted [[Bob Lee]], a lead developer for [[Google]]'s [[Android]] platform, in January 2010. Lee joined the team as Chief Technology Officer (CTO).((Hurley, B. (2023, April 5). //Everything we know about the murder of Cash App founder Bob Lee.// The Independent. http://archive.today/2023.04.05-191522/https://www.independent.co.uk/news/world/americas/crime/cash-app-founder-bob-lee-stabbed-san-francisco-b2314740.html)) 
 + 
 +The company launched the first version of the service in May 2010.((Robischon, N. (2010, May 11). //Square Brings Credit Card Swiping to the Mobile Masses, Starting Today.// Fast Company. http://archive.today/2013.10.21-075818/http://www.fastcompany.com/1643271/square-brings-credit-card-swiping-mobile-masses-starting-today)) 
 + 
 +Square secured a debt financing agreement in April 2014 with [[Barclays]], [[Goldman Sachs]], [[JPMorgan Chase]], [[Morgan Stanley]], and [[Silicon Valley Bank]] (SVB).((//Debt Financing - Square.// Crunchbase. Retrieved April 5, 2023, from https://www.crunchbase.com/funding_round/square-debt-financing--e458eddf)) 
 + 
 +===== Organization ===== 
 + 
 +==== Funding ==== 
 + 
 +Investors in Square include:((//Square - Funding, Financials, Valuation & Investors.// Crunchbase. Retrieved April 5, 2023, from https://www.crunchbase.com/organization/square/company_financials)) 
 + 
 +<WRAP column col4> 
 +  * [[Access Technology Ventures]] 
 +  * [[Acequia Capital]] 
 +  * [[Barclays]] 
 +  * [[Citi Ventures]] 
 +  * [[GGV Capital]] 
 +  * [[GIC]] 
 +  * [[Goldman Sachs]] 
 +  * [[JPMorgan Chase]] 
 +  * [[Khosla Ventures]] 
 +  * [[Kleiner Perkins]] 
 +  * [[Morgan Stanley]] 
 +  * [[Omega Venture Partners]] 
 +  * [[Rizvi Traverse]] 
 +  * [[Sapphire Ventures]] 
 +  * [[Sequoia Capital]] 
 +  * [[Silicon Valley Bank]] (SVB) 
 +  * [[Sozo Ventures]] 
 +  * [[Starbucks]] 
 +  * [[SV Angel]]((//SV Angel.// FinTech Global. Retrieved April 5, 2023, from https://web.archive.org/web/20230405234635/https://fintech.global/investors/sv-angel/)) 
 +  * [[Tiger Global Management]] 
 +  * [[Tuesday Capital]] 
 +  * [[Virgin Group]] 
 +  * [[Visa]] 
 +  * [[VMware]] 
 +</WRAP>
  
 ===== External links ===== ===== External links =====
  
   * [[https://en.wikipedia.org/wiki/Block,_Inc.|Wikipedia]]   * [[https://en.wikipedia.org/wiki/Block,_Inc.|Wikipedia]]
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