Thursday, May 15, 2008

BuySAFE Inc is provider of security solutions for online shoppers, has secured $2.7 million of a $5.12 million Series D round

What Company Is Offering:
buySAFE offers a unique solution to one of the biggest challenges that online shoppers face – knowing who to trust.A buySAFE Seal on a merchant's Website or marketplace item listing indicates that the merchant has:

passed the rigorous buySAFE Certification Process to ensure they are trustworthy and reliable;
agreed to allow buySAFE to continuously monitor their performance in every transaction; and
qualified to guarantee their transactions with a bond from buySAFE and its surety partners — Liberty Mutual, Travelers, and ACE USA.
Consumers who wish to make a purchase from buySAFE Merchants may visit buySAFE Shopping at www.buysafeshopping.com, or may search for buySAFE Bonded Items on eBay, Overstock.com Auctions, TIAS.com, or select retail Websites. At any time, there are millions of Bonded Items for sale online.

How Much They Got From VCs:

BuySAFE Inc., an Arlington, Va.-based provider of security solutions for online shoppers, has secured $2.7 million of a $5.12 million Series D round, according to a regulatory filing. Return backers include Core Capital and Grotech Capital.

More at:www.buysafe.com

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