Tech Company Financing Transactions
Danal Funding Round
Danal secured a $9.5 million financing round on 6/21/2007. Backers included Morgenthaler Ventures.
Transaction Overview
Company Name
Announced On
6/21/2007
Transaction Type
Venture Equity
Amount
$9,500,000
Round
Undisclosed
Investors
Morgenthaler Ventures (Lead Investor) (Ken Gullicksen)
Proceeds Purpose
Danal will use the $9.5 million in venture financing to add to its team, commercialize its mobile payment service in the U.S. and strengthen its relationships with mobile carriers and merchants.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
2833 Junction Ave. 202
San Jose, CA 95134
USA
San Jose, CA 95134
USA
Phone
Website
Email Address
Not Recorded
Overview
Danal enables seamless, frictionless commerce on mobile devices. We use patent-pending and proprietary technology to deliver the best mobile experiences.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jim Greenwell
Chief Financial Officer
Rob Payne
VP - Engineering
Manish Vichare
VP - Product Management
Madhura Belani
VP - Sales
Paris Leung
Browse more venture capital transactions:
Prev: 6/20/2007: Respirics venture capital transaction
Next: 6/21/2007: Ceregene venture capital transaction
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We do our best to report on every notable VC transaction. All VC database entries on this site come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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