Tech Company Financing Transactions
PhenixP2P Funding Round
On 4/20/2021, PhenixP2P announced $16.7 million in Series B funding from KB Partners and private investors.
Transaction Overview
Company Name
Announced On
4/20/2021
Transaction Type
Venture Equity
Amount
$16,700,000
Round
Series B
Investors
KB Partners (Lead Investor) (Keith Bank)
Proceeds Purpose
Phenix, which has already begun using the new funding to push its headcount from 30 to 40, with a plan to get to 50 by the end of the year, believes it could play a big role in the continued rise of esports, whose players need real-time streams to compete.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
123 N Wacker Dr. 1250
Chicago, IL 60606
USA
Chicago, IL 60606
USA
Phone
Website
Email Address
Overview
Our goal at PhenixP2P is to foster collaboration and drive viewer engagement by surpassing the current live streaming standard with unprecedented scale, decreased latency, improved streaming quality, and lower costs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Roy Reichbach
Chief Medical Officer
Jed Corenthal
Chief Operating Officer
Kyle Bank
VP - Engineering
Stefan Birrer
VP - Product Management
William Wishon
VP - Sales
Brett Fasullo
VP - Sales
Thomas Ramsey
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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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