Square acquires Kili Technology

March 11
12:31 2015

VC-backed Square has acquired Kili Technology, a company developing silicon, electronics and software to simplify payment processing.

Kili will continue operations in Toronto, with their headquarters becoming Square`s second office in Canada.

Since its founding in 2009, Square has received funding from venture capital firms such as Citi Ventures, GGV Capital, Khosla Ventures, Kleiner Perkins Caufield & Byers, Sapphire Ventures and Sequoia Capital.

Read more on Square`s acquisition on their blog.

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