Tech Company Financing Transactions
Telegram Funding Round
Private investors joined a $850 million venture round for Telegram. The funding round closed on 2/17/2018.
Transaction Overview
Company Name
Announced On
2/17/2018
Transaction Type
Venture Pre-ICO
Amount
$850,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The issuers intend to use the proceeds for the development of the TON Blockchain, the development and maintenance of Telegram Messenger and the other purposes described in the offering materials.
Company Information
Company Status
Private & Independent
Industry
Communications
Mailing Address
Undisclosed
Dubai, 9999
United Arab Emirates
Dubai, 9999
United Arab Emirates
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Telegram (Token:TON) operates a mobile instant messaging application and the TON blockchain system.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Pavel Durov
Browse more venture capital transactions:
Prev: 2/16/2018: Singularity University venture capital transaction
Next: 2/17/2018: BlockFi venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to record every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs