Gfycat Secures $10,000,000 Seed Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f50fb58a-9ecc-4408-b0d4-31490078e916 - Date
9/26/2016 - Company Name
Gfycat - Mailing Address
457 Castro St. Mountain View, CA 94041 USA - Company Description
Gfycat was founded in order to upgrade the GIF viewing experience to the 21st century. We all know GIFs are awesome (duh!) because they play everywhere, they are simple to view, they contain concise content, and they loop over and over and over again. - Website
http://www.gfycat.com - Transaction Type
Venture Equity - Transaction Amount
$10,000,000 - Transaction Round
Seed - Proceeds Purposes
The financing round allows Gfycat to continue to support user-created short-form content to over 75 million viewers monthly, while the open API will answer the demands of developers seeking to use the platform for new, innovative applications. - M&A Terms
- Venture Investor
Alsop Louie Partners - Venture Investor
Pear - Venture Investor
Investor - Venture Investor
StartX - Venture Investor
Undisclosed
