YapStone Plans Big LA Expansion, Hiring

Silicon Valley-based payment technology provider Yapstone has big hiring plans in Los Angeles, with plans to double the size of the company's office from 35 to 70 people in the next year. According to the company, it is hiring across marketing, sales, engineering, and product. The company--which currently has offices at ROC in Santa Monica--says it is in the mist to moving to a new office in Santa Monica in order to accomodate that growth in Q1 of 2015. Yapstone develops an electronics payment platform powering marketplaces for apartment rentals, vacation rentals, and more, saying that the company powers vacation rental payments for such sites as HomeAway. YapStone was founded in Santa Monica in 1999. The company is venture backed by Accel Partners.