Tech Company Financing Transactions
iungo Funding Round
Private investors invested in a $46 million capital raise for iungo. The round closed on 2/1/2018.
Transaction Overview
Company Name
Announced On
2/1/2018
Transaction Type
Token
Amount
$45,978,800
Round
Undisclosed
Investors
Proceeds Purpose
Up to 10% - HR (Operations worldwide). up to 10% - Legal. 30 - 40% R&D (Engineering). 30 - 40% - Marketing (Product global awareness, B2B promotion). 10% - Other.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Kesklinna linnaosa Parda tn 4
Tallinn, EE-10151
Estonia
Tallinn, EE-10151
Estonia
Phone
Undisclosed
Website
Email Address
Overview
IUNGO (Token:ING) is a Global network of decentralised internet providers powered by the Ethereum blockchain. We are creating a public crypto-economy that delivers ubiquitous internet access to it's participants via a token-governed community. Our open source platform empowers everyone to become an internet service provider or user.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ricardas Bernotavicius
Chief Marketing Officer
Andrius Milinavicius
Chief Operating Officer
Paulius Sirevicius
Chief Technical Officer
Andrius Macys
General Manager
Donatas Bagdonas
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Where The Data Comes From
We report on tech company VC transactions. All VC database entries reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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