[14251] in cryptography@c2.net mail archive
Peppercoin Raises $4 Million in First Round Funding, Appoints CEO
daemon@ATHENA.MIT.EDU (R. A. Hettinga)
Tue Sep 23 16:57:12 2003
X-Original-To: cryptography@metzdowd.com
X-Original-To: cryptography@metzdowd.com
Date: Tue, 23 Sep 2003 16:45:13 -0400
To: Clippable <rahettinga@earthlink.net>
From: "R. A. Hettinga" <rah@shipwright.com>
Cc: cryptography@metzdowd.com, mac_crypto@vmeng.com, e$@vmeng.com,
fork@xent.com
Rivest and Micali's microcheque protocol gets a ducat-download.
Next stop an IPO -- and then an eBay buyout... ;-).
Cheers,
RAH
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<http://www.econtentmag.com/Articles/ArticlePrint.aspx?ArticleID=5506>
EContentmag.com
Peppercoin Raises $4 Million in First Round Funding, Appoints CEO
Posted Sep 23, 2003
http://www.econtentmag.com/?ArticleID=5506
All Content Copyright ' 1998-2003 EContentmag.com - All Rights Reserved
Peppercoin, Inc. a micro-payment services company that enables online
merchants to sell low-priced digital goods, has raised $4 million in a
Series A round of financing from POD Holding and private investors. The
funding brings the total raised to date to $5.7 million, which includes a
seed round from private investors that was announced February this year.
Peppercoin has also announced the appointment of CEO, Robert Kiburz,
formerly VP and General Manager of the Billing and Customer Care unit at
Lucent Technologies. New appointments to the Peppercoin Board of Directors
include Johan Pontin and Peter S. Lawrence, managing director, both
respectively of POD Holding. Pontin is the founder of POD Holding, a
private equity partnership with offices in Stockholm, Sweden and Boston,
Mass. They join Peppercoin CEO Robert Kiburz and its two founders,
Professors Ronald L. Rivest and Silvio Micali, co-founders of the
Cryptography and Information Security Group at the Massachusetts Institute
of Technology's Laboratory for Computer Science. Rivest is also a founder
of RSA Security and VeriSign.
The Peppercoin Payment Service is designed to allow music companies, online
game providers, newspaper and magazine publishers, and other digital
content providers to sell low-priced online content profitably. Newspapers,
magazines and other publishers will be able to add "news stand" pricing for
single-issue or article access, while game sites will be able to add
pay-per-play pricing to their subscription models.
(http://www.peppercoin.com ), ( http://www.podholding.com )
--
-----------------
R. A. Hettinga <mailto: rah@ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
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