Tech Company Financing Transactions
Chumby Industries Funding Round
Avalon Ventures and Masthead Venture Partners participated in a $5 million capital raise for Chumby Industries. The funding round was announced on 12/31/2006.
Transaction Overview
Company Name
Announced On
12/31/2006
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Avalon Ventures (Stephen Tomlin)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Out of Business
Industry
Electronics
Mailing Address
12264 El Camino Real 203
San Diego, CA 92130
USA
San Diego, CA 92130
USA
Phone
Website
Email Address
Overview
Introducing the chumby, a compact device that can act like a clock radio, but is way more flexible and fun. It uses the wireless internet connection you already have to fetch cool stuff from the web: music, the latest news, box scores, animations, celebrity gossip...whatever you choose. And a chumby can exchange photos and messages with your friends.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Derrick Oien
Chief Financial Officer
Bruce Worman
Founder
Andrew Huang
Founder
Duane Maxwell
Founder
Ken Steele
Browse more venture capital transactions:
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Next: 12/31/2006: ITA Software venture capital transaction
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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