Tech Company Financing Transactions
MODE Funding Round
MODE, based in San Mateo, secured $3 million from True Ventures and private investors.
Transaction Overview
Company Name
Announced On
9/25/2018
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Series A
Investors
True Ventures (Lead Investor) (Om Malik)
Proceeds Purpose
The company will use the Series A financing to connect additional sensors to the cloud and expand its team.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1840 Gateway Dr. 250
San Mateo, CA 94404
USA
San Mateo, CA 94404
USA
Phone
Website
Email Address
Overview
At MODE, Inc., we are excited by the many possibilities the Internet of Things is bringing to our everyday life. We are impressed by the imagination and ingenuity of the makers and entrepreneurs who are at the forefront of the IoT revolution. That's why we want to create tools and infrastructure that can help IoT developers realize their ideas.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gaku Ueda
Chief Technical Officer
Ethan Kan
Browse more venture capital transactions:
Prev: 9/25/2018: Dutchie venture capital transaction
Next: 9/25/2018: Highspot venture capital transaction
Share this article
Where The Data Comes From
We record every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs