alarm:clock

eCommerce - Monday, April 16, 2007

Micro-payment's Peppercoin Bought Out

peppercoin.png
Micro-payment companies have not lived up to their early promise nor investements. Case in point today is the purchase of micro-payment stalwart Peppercoin by Chockstone. Chockstone sells customer loyalty marketing programs and stored value solutions, whereas Peppercoin sells card-based merchant loyalty software, the company said on Monday. Terms of the deal were not disclosed. Founded in 2001, Waltham, MA-based Peppercoin's micropayment system was developed as a spin-off from the cryptographic and information security group at MIT. It has received about $15M in venture capital funding. Investors include Podholding and Wall Street Technology Partners.

Post a comment




Remember Me?


More Recent Articles

ThumbXCOR Space Startup Further Funded

Thursday August 21, 2008

For successful tech entrepreneurs and investors 3 trends stand out for their encores: wine, alternative energy and space travel. We are bullish on the alternative energy meme but see space and wine as ego plays with high risk economic upside. We hat... Full Story

ThumbPost 9-11 Airport Security Startup Clear Raises $44.4M

Thursday August 21, 2008

On a trip through Denver International this week we couldn't help but be envious of the travelers who were gliding through the Clear line. Some jerk cut in front of our TSA line and of course the line ground to a halt. Another traveler explained that... Full Story

Listen to alarm:clock

alarm:clock © 2004-2008

Swift Internet