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Clover Network
Clover is a cloud-based Android point of sale ( POS) platform that was launched in April 2012. The company is headquartered in Sunnyvale, California. As of the quarter ended September 2020, Clover processed $133 billion of annualized card transactions worldwide, making it the largest U.S. cloud POS firm. Clover was acquired on December 28, 2012 by First Data Corporation, which itself was acquired by Fiserv, the world's largest merchant acquirer, on July 29, 2019. Bank of America Merchant Services was the first to announce it would sell Clover to its merchant base in October 2013. PNC Merchant Services was the second to announce it would sell Clover to its merchant base. History Funding and early history Clover was incorporated on October 15, 2010 and raised $5.5M on November 1, 2010. The lead investor was Sutter Hill Ventures with participation from Andreessen Horowitz and a number of angel investors. The company was founded by John Beatty, Leonard Speiser, and Kelvin Zheng. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sunnyvale, California
Sunnyvale () is a city located in the Santa Clara Valley in northwest Santa Clara County in the U.S. state of California. Sunnyvale lies along the historic El Camino Real and Highway 101 and is bordered by portions of San Jose to the north, Moffett Federal Airfield and NASA Ames Research Center to the northwest, Mountain View to the northwest, Los Altos to the southwest, Cupertino to the south, and Santa Clara to the east. Sunnyvale's population was 155,805 at the 2020 census, making it the second most populous city in the county (after San Jose) and the seventh most populous city in the San Francisco Bay Area. As one of the major cities that make up California's high-tech area known as Silicon Valley, Sunnyvale is the birthplace of the video game industry, former location of Atari headquarters, and the location of a fictional computer game company in the 1983 film ''WarGames''. Many technology companies are headquartered in Sunnyvale and many more operate there, i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fiserv
Fiserv, Inc. () is an American multinational company headquartered in Brookfield, Wisconsin that provides financial technology services to clients across the financial services sector, including: banks, thrifts, credit unions, securities broker dealers, mortgage, insurance, leasing and finance companies, and retailers. In October 2015, ''American Banker'' and BAI ranked the company third by revenue among technology providers to U.S. banks. Fiserv reported total revenue of $10.187 billion in 2019. Fiserv is also the owner of First Data, which connects 2 million ATMs through the STAR network. Fiserv currently has the naming rights for the Fiserv Forum stadium in Milwaukee, Wisconsin. History Fiserv was founded in 1984. The company quickly grew and was listed on the NASDAQ less than two years after its founding, mainly through a large number of acquisitions, the largest in the early years of the company being Citicorp Information Resources. Fiserv's website was launched in 1995 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Data
First Data Corporation is a financial services company headquartered in Atlanta, Georgia, United States. The company's STAR Network provided nationwide domestic debit acceptance at more than 2 million retail POS, ATM, and Online outlets for nearly a third of all U.S. debit cards. First Data has six million merchants, the largest in the payments industry. The company handles 45% of all US credit and debit transactions, including handling prepaid gift card processing for many US brands such as Starbucks. It processes around 2,800 transactions per second and $2.2 trillion in card transactions annually, with an 80% market share in gas and groceries in 2014. First Data's SpendTrend Report is a key shopping metric for national news networks such as '' WSJ, USA Today'', ''ESPN'', ''The New York Times'', Vox Media, and ''Bloomberg''. In October 2015, First Data returned to public markets, selling 160 million shares in the New York Stock Exchange’s biggest IPO of that year. On Januar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Point Of Sale
The point of sale (POS) or point of purchase (POP) is the time and place at which a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer (which may be a cash register printout), and indicates the options for the customer to make payment. It is also the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service. After receiving payment, the merchant may issue a receipt for the transaction, which is usually printed but can also be dispensed with or sent electronically. To calculate the amount owed by a customer, the merchant may use various devices such as weighing scales, barcode scanners, and cash registers (or the more advanced "POS cash registers", which are sometimes also called "POS systems"). To make a payment, payment terminals, touch screens, and other hardware and software options are available. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sutter Hill Ventures
Sutter Hill Ventures is an American private equity firm focused on venture capital investments in technology-based start-up companies. Founded in 1964, Sutter Hill is one of the oldest venture capital firms still in operation. Based in Palo Alto, CA, the firm is primarily focused on investments in the fields of networking and computer technology, business and financial services, healthcare, web development, and pop culture, and have been known to invest in angel funds. The firm currently holds positions in a number of publicly traded companies, including Restoration Robotics (HAIR), Pure Storage (PSTG), Mattersight (MATR), Forty Seven (FTSV), Threshold Pharmaceuticals (THLD), Molecular Templates (MTEM), Cardica (CRDC), and Corcept Therapeutics (CORT). The firm has also incubated and invested in Snowflake Computing (SNOW) which had the record-setting technology IPO in 2020. History Sutter Hill Ventures was founded in 1964 by Bill Draper and Paul Wythes. It began as an off-s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andreessen Horowitz
Andreessen Horowitz (also called a16z, legal name AH Capital Management, LLC) is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. Andreessen Horowitz invests in both early-stage start-ups and established growth companies. Its investments span the mobile, cryptocurrency, gaming, social, e-commerce, education and enterprise IT (including cloud computing, security, and software as a service) industries. Founding and partnering Between 2006 and 2010, Marc Andreessen and Ben Horowitz actively invested in technology companies. Separately, and together, they invested $4 million in 45 start-ups including Twitter. During this time, the two became known as "super angel" investors. On July 6, 2009, Andreessen and Horowitz launched their venture capital fund with an initial capitalization of $300 million. In November 2010, at a time when the field of venture capitalism was contracting, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gyft (app)
First Data Corporation is a financial services company headquartered in Atlanta, Georgia, United States. The company's STAR Network provided nationwide domestic debit acceptance at more than 2 million retail POS, ATM, and Online outlets for nearly a third of all U.S. debit cards. First Data has six million merchants, the largest in the payments industry. The company handles 45% of all US credit and debit transactions, including handling prepaid gift card processing for many US brands such as Starbucks. It processes around 2,800 transactions per second and $2.2 trillion in card transactions annually, with an 80% market share in gas and groceries in 2014. First Data's SpendTrend Report is a key shopping metric for national news networks such as '' WSJ, USA Today'', ''ESPN'', ''The New York Times'', Vox Media, and ''Bloomberg''. In October 2015, First Data returned to public markets, selling 160 million shares in the New York Stock Exchange’s biggest IPO of that year. On Janu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chip Ganassi Racing
Chip Ganassi Racing, LLC (CGR), also sometimes branded as Chip Ganassi Racing Teams, is an American auto racing organization with teams competing in the IndyCar Series, NTT IndyCar Series, International Motor Sports Association, IMSA WeatherTech SportsCar Championship, FIA World Endurance Championship, and Extreme E. They have formerly competed in the NASCAR Cup Series, NASCAR Cup and NASCAR Xfinity Series, Xfinity Series, Global Rallycross Championship and the Rolex Sports Car Series. It was founded in 1990 by businessman and former racecar driver Chip Ganassi, from the assets of Patrick Racing to compete in the ChampCar, CART IndyCar World Series. After winning four consecutive CART championships from 1996 to 1999 with drivers Jimmy Vasser, Alex Zanardi and Juan Pablo Montoya, in 2000 Ganassi became the first CART organization to return to the Indianapolis 500 after the open-wheel "Split" between CART and the Indy Racing League in 1996. A dominant victory with Montoya would fore ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit One Bank
Credit One Bank, N.A. is an American bank and financial services company specializing in credit cards, particularly for borrowers with low credit scores. It is a wholly-owned subsidiary of Credit One Financial, incorporated in Nevada. Credit One Financial is an S corporation that is affiliated with Sherman Financial Group through common beneficial ownership. Despite the similar names and "nearly identical" logos, Credit One is not affiliated with the much larger Capital One. History Credit One Bank began operations as a full-service bank under the name First National Bank of Marin (FNBM) in San Rafael, California, on July 30, 1984. FNBM maintained a wide range of products until 1995 when it began focusing primarily on two types of products, partially and fully secured credit cards. FNBM received a limited purpose designation from the Office of the Comptroller of the Currency (OCC), a bureau of the United States Department of the Treasury, in June 1996. Limited purpose banks o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
San Jose Earthquakes
The San Jose Earthquakes are an American professional soccer team based in San Jose, California. The Earthquakes compete as a member club of the Western Conference of Major League Soccer (MLS). Originally as the San Jose Clash, the franchise began play in 1996 as one of the charter members of the league. The Earthquakes took part in the first game in MLS history, defeating D.C. United 1–0. The Earthquakes have won two MLS Cup titles (2001, 2003) and two Supporters' Shields (2005, 2012). In 2002, the team played in its first CONCACAF Champions Cup (now called the CONCACAF Champions League), making it to the quarterfinals. The team holds a fierce rivalry with the LA Galaxy known as the ''California Clásico''. In 2005, the then-owner of the Earthquakes, Anschutz Entertainment Group, announced plans of the team relocating to Houston due to failing efforts to secure a soccer-specific stadium in San Jose. The organization in Houston would be considered an expansion team by t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Sunnyvale, California
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
