Tech Company Financing Transactions
Bitfusion.io Funding Round
Bitfusion.io, based in Sunnyvale, secured $5 million from Vanedge Capital, Data Collective and Geekdom Fund.
Transaction Overview
Company Name
Announced On
5/3/2017
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Vanedge Capital (Lead Investor)
Data Collective (Matthew Ocko)
Proceeds Purpose
The company plans to invest this money into strengthening its research and development efforts and to focus on Bitfusion Flex, its new framework-agnostic platform for building and managing AI projects.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
1250 Borregas Ave.
Sunnyvale, CA 94089
USA
Sunnyvale, CA 94089
USA
Phone
Undisclosed
Website
Email Address
Overview
Automatically accelerating applications. Bitfusion maximizes the performance of your applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Zimmerman
Chief Technical Officer
Mazhar Memon
VP - Bus. Development
Jeff Brown
VP - Engineering
Peter Buckingham
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We do our best to report on tech company VC transactions. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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