Stripe Raises $80M

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Online payment services company Stripe has raised about $80 million in a Series C round of funding. Existing investor Founders Fund led the round, with participation from Sequoia Capital, also an existing investor, Khosla Ventures, and Allen & Co.

The investment gives the four-year old San Francisco-based startup a valuation of roughly $1.75 billion. Stripe has raised over $130 million in total funding to date.

[Image courtesy: Stripe]

Update: 01-29-14