YC-Backed Payments Startup Balanced Raises More Money From Andreessen Horowitz, CollabFund, And Others

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http://techcrunch.com – Y Combinator-backed payments startup Balanced has closed out a total $3.4 million seed round, thanks to the addition of $2 million in new funding from investors such as Andreessen Horowitz, CollabFund, and a bunch of angels. The funding is somewhat strategic, as the startup is looking to help leverage the expertise of the investors involved to help grow its payments business for peer-to-peer marketplaces. On the Andreessen side, for instance, the funding was led by general partner and former PayPal president Jeff Jordan. And investment via CollabFund could help it to get in front of other comp (IT news)