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APR 02, 2013 - Washington Business Journal

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Payment startup Balanced adds $2M to seed round

Payment technology startup Balanced has reportedly added $2 million to its seed round with participation from Andreessen Horowitz. Venturebeat reported that Menlo Park-based Andreessen Horowitz' involvement was led by General Partner Jeff Jordan, the former PayPal president. The new money brings the total raised by the San Francisco startup led by CEO Matin Tamizi to $3.4 million. The company's technology runs in the background, so that consumers don't have to sign up for an account to use it. Balanced…

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