Summary:

BitPass, the beta phase micropayments company (which has been covered in some detail on this site), has closed it first round of funding at…

BitPass, the beta phase micropayments company (which has been covered in some detail on this site), has closed it first round of funding at $1.5 million. Lead investors in the round are Guy Kawasaki’s Garage Technology Ventures and Cardinal Venture Capital. Additional investors include Amicus Capital and Constantin Partners.

“BitPass is the most exciting opportunity I’ve seen since the Macintosh,” coos Kawasaki. The company anticipates a full release prior to the end of Q3 2003.

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By Rafat Ali

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