(It's only February and we've already shared two huge announcements in 2020. ICYMI, the first was about Joby
Aviation raising $590M
.)
Paystand announced today that it has secured $20 million in Series B funding, including new investments from DNX Ventures, Battery Ventures, Epic Ventures, Commerce Ventures, and Wildcat Ventures. Existing investors Leap Global Partners, BlueRun Ventures, and others participated. The company plans to use the capital to accelerate the expansion of its products and services, as well as expanding sales, marketing, success, and engineering teams in its Scotts Valley and Guadalajara, Mexico offices.