Tech Company Financing Transactions

Padlet Funding Round

On 9/18/2015, Padlet raised $1.2 million in financing from Cherubic Ventures, private investors and Maiden Lane.

Transaction Overview

Company Name
Announced On
9/18/2015
Transaction Type
Venture Equity
Amount
$1,200,000
Round
Undisclosed
Investors

Cherubic Ventures (Lead Investor)

private investors (Amos Elliston)

private investors (Dave Lerner)

private investors (Jeff Epstein)

private investors (Paul Sethi)

private investors (Ryan Petersen)

Maiden Lane

Proceeds Purpose
With the additional backing, San Francisco-based Padlet will expand its team of four by hiring another developer, designer and head of content and community.

Company Information

Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
175 Acalanes Dr. 31
Sunnyvale, CA 94086
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Drag and drop website collaboration tool Padlet is "the easiest way to put stuff on the internet" according to its founder. Over 300K monthly users from 197 countries create content on the site every month, seeing 30 percent growth a month for the last seven months.
Profile
Padlet LinkedIn Company Profile
Social Media
Padlet Company Twitter Account
Company News
Padlet News
Facebook
Padlet on Facebook
YouTube
Padlet on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Nitesh Goel
  Nitesh Goel LinkedIn Profile  Nitesh Goel Twitter Account  Nitesh Goel News  Nitesh Goel on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/18/2015: Sun Basket venture capital transaction
Next: 9/18/2015: iWin venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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