Electronics warranty company SquareTrade raises $4M in debt financing
SquareTrade, a company that offers extended warranties for consumer electronics and appliances, has raised another $4 million in debt financing, according to VentureWire.
The San Francisco company says its warranties cost, on average, 40 percent less than a normal retail deal. It raised more than $14 million previously, most recently in 2001. The new funding comes from BlueCrest Capital Finance.
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About the Author, Anthony Ha
Anthony is a senior editor at VentureBeat, as well as its reporter on media, advertising, and social networks. Before joining the site in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. (All story pitches should also be sent to tips@venturebeat.com) You can also follow Anthony on Twitter.
