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Stripe Valued at $65 Billion After Share Sale Deal

Payment processor Stripe has reached a valuation of $65 billion following a share sale deal with employees.

The Weekly Notable Startup Funding Report: 1/29/24 – AlleyWatch

The Weekly Notable Startup Funding Report: 1/29/24 – AlleyWatch
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Stripe Joins Funding Round for Developer Tools Company Clerk

Clerk, a developer tools company providing a authentication solution, has secured $30 million in financing led by CRV, with participation from Stripe.

Clerk Raises $30M in Series B Funding

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Clerk, the authentication startup, lands $30M and inks a strategic deal with Stripe

Clerk, a startup creating a suite of embeddable UIs, APIs and admin dashboards that app developers can use to authenticate and manage users, has raised $30 million in a Series B round led by CRV with participation from Stripe, Andreessen Horowitz and Madrona. The proceeds bring Clerk's total raised to $55.5 million, and co-founder and CEO Colin Sidoti says that they'll be put toward expanding Clerk's service beyond authentication and into authorization i.e. "Authorization has always been part of our product vision, but we needed a successful authentication product to build atop," Sidoti told TechCrunch in an email interview.

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