Tech Company Financing Transactions

Segment Funding Round

Thrive Capital, Accel Partners and private investors invested in a $27 million Series B funding round for Segment. The round was announced on 10/9/2015.

Transaction Overview

Company Name
Announced On
10/9/2015
Transaction Type
Venture Equity
Amount
$27,000,000
Round
Series B
Investors

Thrive Capital (Lead Investor) (Will Gaybrick)

Accel Partners (Vas Natarajan)

private investors (Jon Winkelried)

Kleiner Perkins Caufield & Byers (Ted Schlein)

Proceeds Purpose
Segment plans to use the new funding to double the team from 50 to 100, add connections to popular data storage platforms, and capture new types of customer data beyond in-app behavior. To meet accelerating demand, Segment will also use the funding to rapidly grow its team, starting with engineering, product and design, and continuing to nearly every department.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
100 California St. 700
San Francisco, CA 94111
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Segment lets you send your analytics data to any service you want, without you having to integrate with each one individually.
Profile
Segment LinkedIn Company Profile
Social Media
Segment Company Twitter Account
Company News
Segment News
Facebook
Segment on Facebook
YouTube
Segment on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Peter Reinhardt
  Peter Reinhardt LinkedIn Profile  Peter Reinhardt Twitter Account  Peter Reinhardt News  Peter Reinhardt on Facebook
Chief Financial Officer
Jeff Burkland
  Jeff Burkland LinkedIn Profile  Jeff Burkland Twitter Account  Jeff Burkland News  Jeff Burkland on Facebook
Co-Founder
Calvin French-Owen
  Calvin French-Owen LinkedIn Profile  Calvin French-Owen Twitter Account  Calvin French-Owen News  Calvin French-Owen on Facebook
Co-Founder
Ilya Volodarsky
  Ilya Volodarsky LinkedIn Profile  Ilya Volodarsky Twitter Account  Ilya Volodarsky News  Ilya Volodarsky on Facebook


 

 

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Prev: 10/9/2015: GlamSquad venture capital transaction
Next: 10/9/2015: Monterosa venture capital transaction

 

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Where The Data Comes From

We do our best to record every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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