TechCrunch's Erick Schonfeld takes a look at Foster City, CA-based Rearden Commerce - a company that reportedly has just closed a $100 MM financing round from investors including American Express, JPMorgan Chase, Oak Investment Partners, and Foundation Capital. While Rearden's largest customer currently is American Express, Schonfeld notes that "in addition to being an investor, Chase has also signed on as Rearden’s second giant customer. It plans on offering Rearden’s personal Web concierge service to its 90 million bank card holders. Anyone with a Chase bank account, whether business or personal, will be able to use the service."
Vauhini Vara and Mylene Mangalindan also report on Rearden for the Wall St. Journal.
Update: Here's Rearden Commerce's funding announcement press release as well as its press release announcing Rearden's new strategic relationship with Chase Card Services.