Tech Company Financing Transactions
Peanut Labs Funding Round
e.ventures and Leapfrog Ventures participated in a $3.2 million Series A funding round for Peanut Labs. The funding round closed on 2/19/2008.
Transaction Overview
Company Name
Announced On
2/19/2008
Transaction Type
Venture Equity
Amount
$3,200,000
Round
Series A
Investors
e.ventures (Lead Investor) (Thomas Gieselmann)
Leapfrog Ventures (Lead Investor) (Peter Sinclair)
Proceeds Purpose
The $3.2 million cash infusion will be used for continued product development towards Peanut Labs' patent pending market research sampling technology, which is highly effective at reaching the sought after 13-25 year-old demographic known as Gen-Y. The funding will also be used to actively service Peanut Labs' burgeoning list of market research clients and enhance the survey-taking experience, a crucial part of Peanut Labs' Sample3.0 technology.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
114 Sansome Street 920
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Website
Email Address
Overview
Peanut Labs is a rapidly growing online market research network backed by the investors of Skype, Yahoo eGroups and Delicious. We have created a premium online network for market research by aggregating, integrating and profiling millions of members across more than 60 different sites. Our network is able to reach more than 10 million users.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Financial Officer
Cliff Beer
Chief Operating Officer
Ali Moiz
Chief Technical Officer
Prosper Nwankpa
President
Murtaza Hussain
Vice President
Noman Ali
VP - Marketing
Mark Houston
VP - Sales
Sean Case
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