Tech Company Financing Transactions
Gfycat Funding Round
Gfycat, based in Mountain View, secured $10 million in funding from Alsop Louie Partners, private investors and Pear VC.
Transaction Overview
Company Name
Announced On
9/26/2016
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Seed
Investors
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
457 Castro St.
Mountain View, CA 94041
USA
Mountain View, CA 94041
USA
Phone
Undisclosed
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Richard Rabbat
Co-Founder
Jeffrey Harris
Co-Founder
Daniel McEleney
VP - Bus. Development
John Dodini
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