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vendingtimes.com Published on June 25, 2015

PayRange Secures $12M To Fund Its Vending Machine Payments Technology

SAN JOSE, CA — PayRange has closed on $12 million in Series A funding led by Matrix Partners. PayRange, which is expected to use the capital to help deploy its mobile payment technology, said it selected Matrix to lead its funding round based on the global firm’s experience in payments and its history of helping founders scale enterprise and consumer companies. General partner, Jared Fliesler, a former Square executive, will join PayRange’s board of directors.