Tech Company Financing Transactions

Snapt Funding Round

Snapt closed a $3 million Series A financing round on 12/7/2018. Investors included Convergence Partners, Nedbank and Sanari Capital.

Transaction Overview

Company Name
Announced On
12/7/2018
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Series A
Investors

Convergence Partners (Andile Ngcaba)

Nedbank (Johann van Zyl)

Sanari Capital (Samantha Pokroy)

Proceeds Purpose
This new investment will be used to expand sales and marketing efforts globally, including expansion of its US presence and worldwide channel program, in addition to key research and development initiatives.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
440 N Wolfe Rd.
Sunnyvale, CA 94085
USA
Email Address
Overview
Snapt provides load balancing, security, caching and acceleration for websites, applications and/or services. Snapt's aim is to make sure an application is always online, to distribute requests between servers, and optimize and offload content to make sure websites and applications load quickly.
Profile
Snapt LinkedIn Company Profile
Social Media
Snapt Company Twitter Account
Company News
Snapt News
Facebook
Snapt on Facebook
YouTube
Snapt on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David Blakey
  David Blakey LinkedIn Profile  David Blakey Twitter Account  David Blakey News  David Blakey on Facebook
Co-Founder
Douglas Cherry
  Douglas Cherry LinkedIn Profile  Douglas Cherry Twitter Account  Douglas Cherry News  Douglas Cherry on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/7/2018: XyloCor Therapeutics venture capital transaction
Next: 12/7/2018: Farmstead venture capital transaction

 

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We report on tech company VC transactions. VC transactions on this site come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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