Tech Company Financing Transactions
Sphere Source Funding Round
ForgePoint Capital participated in a $3.8 million Series A funding round for Sphere Source. The round was announced on 5/2/2006.
Transaction Overview
Company Name
Announced On
5/2/2006
Transaction Type
Venture Equity
Amount
$3,750,000
Round
Series A
Investors
ForgePoint Capital (Lead Investor) (Venetia Kontogouris)
Proceeds Purpose
Sphere raised a total of $3.75 million in this round and plans to use the funds to scale its technology and business to meet the strong early demand for its next-generation blog search engine.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
Pier 38
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Overview
Sphere Source was bought by AOL in 2008 and subsequently rebranded to Surphace. Sphere's advanced search algorithm helped people discover high-quality, relevant, and timely blog posts that match what they were looking for.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tony Conrad
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