Bolt Earns $75 Million in Series C1 Funding

Technology company, Bolt earned $75 million in series C1 funding. The round was co-lead by New York-based General Atlantic, and WestCap, a firm based in California. Bolt offers online checkout technology to retailers, connecting shoppers to a unified cross-brand network, and revolutionizing the industry of e-commerce.

Every online store presents a different check-out experience. Consumers wade through several steps before making a purchase, entering their billing information multiple times. This tedium and difficulty often lead consumers to abandon their carts. Bolt, however, provides a quick and easy solution to both online retailers and their customers.

The California-based startup offers a one-click checkout experience unlike any other. Online checkout is the most complex piece...

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