Tech Company Financing Transactions
Xoom Funding Round
Xoom closed a $12.1 million venture capital round on 3/31/2005. Investors included New Enterprise Associates and Sequoia Capital.
Transaction Overview
Company Name
Announced On
3/31/2005
Transaction Type
Venture Equity
Amount
$12,100,000
Round
Undisclosed
Investors
New Enterprise Associates (Dick Kramlich)
Sequoia Capital (Roelof Botha)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
100 Bush Street 300
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Website
Email Address
Overview
Xoom has been operating a successful money transfer service since 2002. Consumers from all around the world use its disbursement network to send money to dozens of countries in the Americas, Africa, Asia, Europe, and the Middle East.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Kunze
Chief Financial Officer
Ryno Blignaut
VP - Marketing
Julian King
Browse more venture capital transactions:
Prev: 3/31/2005: LogicLibrary venture capital transaction
Next: 3/31/2005: Azul Systems venture capital transaction
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Where The Data Comes From
We do our best to document every notable VC transaction. All VC database entries on this site are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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