iMerit Secures $3,500,000 New Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=68dd857b-ae32-4b21-805a-3c0712e78c32 - Date
10/22/2015 - Company Name
iMerit - Mailing Address
14435C Big Basin Way Saratoga, CA 95070 USA - Company Description
iMerit was founded to help underprivileged youth escape the poverty trap by providing livelihoods through the creation of digital jobs. - Website
http://www.imerit.net - Transaction Type
Venture Equity - Transaction Amount
$3,500,000 - Transaction Round
Undisclosed - Proceeds Purposes
This new funding will help iMerit expand our digital talent pool and grow our blue chip client base, while also helping the neediest and most promising young people. We plan to expand globally and employ 6,000 workers from marginalized communities, across 15 centers over the next five years. - M&A Terms
- Venture Investor
Michael & Susan Dell Foundation - Venture Investor
Khosla Impact - Venture Investor
Omidyar Network
