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Accel Puts $34 Million in Chicago Booth venture and Online Payments Platform Braintree

Techcrunch reports that Accel Partners, no stranger to the space of online payment platforms, is investing $34 million dollars in Braintree. The company’s client list reads like a who’s who in the Web space, including: LivingSocial, OpenTable and 37Signals. Braintree was founded by Bryan Johnson (Booth ’07), who won Booth’s New Venture Challenge his second year at business school. Congrats to Braintree, Bryan and the Polsky Center!



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