Tech Company Financing Transactions
OfficeDrop Funding Round
OfficeDrop closed a $1 million venture capital round on 4/1/2011. Backers included White Owl Capital and private investors.
Transaction Overview
Company Name
Announced On
4/1/2011
Transaction Type
Venture Equity
Amount
$1,000,000
Round
Undisclosed
Investors
White Owl Capital (Lead Investor)
Proceeds Purpose
The funding will also be used to continue the company's growth into traditionally paper-heavy industries, including accounting and financial services, legal, insurance and real estate.
Company Information
Company Status
Out of Business
Industry
Internet & IoT
Mailing Address
139 Main Street 301
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Website
Email Address
Overview
OfficeDrop is an award-winning document scanning and document management solution that provides small businesses with affordable way to manage their paper and digital files. At OfficeDrop, we believe that small businesses deserve the same efficiencies in paper and file management long enjoyed by the Fortune 500.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Prasad Thammineni
Chief Technical Officer
Vikram Kumar
Browse more venture capital transactions:
Prev: 3/31/2011: Vocera venture capital transaction
Next: 4/1/2011: TRACON Pharmaceuticals venture capital transaction
Share this article
News on VC Transactions
We document every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs