Klip Lands $8,000,000 Series B Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=86d6d3c7-6f7a-4d46-96fa-bba3a82c3d0e&Preview=1 - Date
11/18/2011 - Company Name
Klip - Mailing Address
Undisclosed Palo Alto, CA 94301 - Company Description
Klip’s newly launched free app allows users to capture, share, discover and view mobile videos. While many mobile video apps focus on the capture, editing and sharing of videos, Klip’s focus is on the discovery and providing the highest quality video streaming around for mobile device. - Website
http://www.klip.com - Transaction Type
Venture Equity - Transaction Amount
$8,000,000 - Transaction Round
Series B - Proceeds Purposes
The new funding will be used towards future product development, especially in driving technology on ‘user experience side and cloud side. - M&A Terms
- Venture Investor
Benchmark Capital - Venture Investor
Matrix Partners - Venture Investor
Undisclosed
