Tech Company Financing Transactions
Electric Funding Round
Electric, based in New York, scored $25 million in funding from GGV Capital and Bessemer Venture Partners.
Transaction Overview
Company Name
Announced On
1/24/2019
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
GGV Capital (Lead Investor)
Bessemer Venture Partners (Bob Goodman)
Proceeds Purpose
The company intends to use the funds to further invest in the platform's core features and across Client Success, Sales and Marketing, Operations and Executive teams.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
408 Bdwy. 5th Floor
New York, NY 10013
USA
New York, NY 10013
USA
Phone
Website
Email Address
Overview
Electric allows small and mid sized corporate customers to get IT support across organizations directly through Slack, providing a real-time chat interface that provides users with the ability to get assistance with issues pertaining to their Apple devices, email, calendar, networking, backup and OS.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ryan Denehy
Chief Financial Officer
Vic Russo
Chief Marketing Officer
Andrea Kayal
VP - Customer Service
Temy Mancusi-Ungaro
VP - Engineering
Yotam Hadass
VP - Human Resources
Jamie Coakley
VP - Product Management
Tara Goldman
VP - Sales
David Weiner
Browse more venture capital transactions:
Prev: 1/24/2019: Symbiont venture capital transaction
Next: 1/24/2019: Zafin venture capital transaction
Share this article
About Database of VC Transactions
Our team works diligently to report on every notable VC transaction. All VC database entries reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs