Tech Company Financing Transactions
TouchOfModern Funding Round
TouchOfModern, operating out of San Francisco, raised $3 million from Floodgate Fund and Hillsven Capital.
Transaction Overview
Company Name
Announced On
7/12/2013
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Series A
Investors
Floodgate Fund (Lead Investor) (Michael Maples)
Proceeds Purpose
The majority of the funding will go towards hiring and brand building. TouchOfModern will expand to new verticals like fashion and food & beverage later this year, and will also explore plans for international expansion.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
423 Tehama St.
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Undisclosed
Website
Email Address
Overview
The company's passion for bringing sophisticated design online, coupled with their proprietary technology infrastructure, has allowed them to achieve scale and profitability much faster and cheaper than their competitor and positioned them for continued success.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jerry Hum
Chief Operating Officer
Egon Smola
Chief Technical Officer
Steven Ou
Co-Founder
Dennis Liu
Co-Founder
Jonathan Wu
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Where The Data Comes From
We report on all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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