San Francisco based POS and payments startup focused on SMBs raised a $50m Series B led by 01 Advisors.
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SpotOn raised $50m to take on Square in payments and financial services for SMBs
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“There are companies that build great products, and there are companies that build great sales teams, but it’s rare to find an organization that can do both,” said Dick Costolo, Managing Partner and Co-Founder of 01 Advisors, in a statement. “SpotOn has proven an unwavering commitment to building products that matter and getting them into the hands of businesses nationwide.”
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