Tech Company Financing Transactions
Sea Ltd. Funding Round
Sea Ltd. closed a $550 million financing round on 5/9/2017. Backers included Cathay Innovation, Farallon Capital Management and GDP Venture.
Transaction Overview
Company Name
Announced On
5/9/2017
Transaction Type
Venture Equity
Amount
$550,000,000
Round
Undisclosed
Proceeds Purpose
The company said it will use its new capital to expand Shopee, its consumer-to-consumer marketplace, in Indonesia.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
1 Fusionopolis Pl. 17-10
Galaxis, 138522
Singapore
Galaxis, 138522
Singapore
Phone
Website
Email Address
Overview
Sea is an internet platform company. We focus on Greater Southeast Asia, a region that includes Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia and Singapore. Founded in 2009, Sea's mission is to better the lives of the consumers and small businesses of our region with technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Forrest Li
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Where The Data Comes From
We document all VC transactions involving tech companies. All VC database entries reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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