Gunderson Dettmer client Plaid raises $250M Series C

Developer of financial and banking services platform, Plaid, raised $250 million in a Series C led by Kleiner Perkins with Spark Capital, New Enterprise Associates, Goldman Sachs and Index Ventures (UK) participating. The company is now valued at $2.65 billion, more than ten times its valuation in June 2016.

The company will use the funding to continue expanding its team in San Francisco, Salt Lake City and New York.

The Gunderson Dettmer deal team was led by partner Ivan Gaviria with associates Darin See and Vikki Nguyen.