BuySimple (previously known as Minno), a Palo Alto, CA-based online micropayments company, has raised $700k.
Investors include GRP Partners, Farhad Mohit (founder of Shopzilla), Jack Abraham (founder of Milo), and other angels.
BuySimple was founded by Calvin Young and Noah Ready-Campbell.
The company’s solution is designed to allow users to easily buy items (such as webapps, pictures, music, and movies) online signing up with Facebook Connect and without subscribe and represents a pay-per-use tool to monetize their websites for online merchants.
FinSMEs
01/06/2011