Squaresville

A Venti for Jack: Starbucks Pitches in on Square’s $200M. Series D

Coffee company makes it rain, a little.
 A Venti for Jack: Starbucks Pitches in on Squares $200M. Series D

Dude is obsessed. (Photo: flickr.com/kevinkrejci)

Everyone’s favorite credit card processing company has returned from its latest trip to the venture capital trough. Today Square announced a $200 million Series D, in a five-sentence blog post that could only be described as terse. Perhaps CEO Jack Dorsey is taking his emulation of Bruce Lee a little too far?

According to the announcement, investors include Citi Ventures, Rizvi Traverse Management, and Starbucks Coffee Company. Judging from CrunchBase, it looks like CrunchFund also got in on the action. The cash will go toward an international expansion planned for later this year.

The company also took the opportunity to trumpet its progress so far. A year ago: 150 employees and $1 billion in payments processed annually. Today: 400 employees and $8 billion in payments processed annually.

Maybe all that inspirational bus riding really is paying off.

Follow Kelly Faircloth on Twitter or via RSS. kfaircloth@observer.com