Tech Company Financing Transactions

Corona Labs Funding Round

Corona Labs, operating out of Palo Alto, secured $2 million from Merus Capital and Western Technology Investment.

Transaction Overview

Company Name
Announced On
11/13/2012
Transaction Type
Debt
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors

Merus Capital (Salman Ullah)

Western Technology Investment

Proceeds Purpose
The company will use the financing to increase its headcount and roll out additional features.

Company Information

Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
1900 Embarcadero Rd. 207
Palo Alto, CA 94303
USA
Phone
Undisclosed
Email Address
Overview
Corona Labs is a venture-backed mobile software company based in Palo Alto, CA, and founded by two Adobe veterans who previously led the Flash Lite engineering team. Ansca team members also hail from Apple and Pixar, and the company's investors are former Google and Microsoft executives.
Profile
Corona Labs LinkedIn Company Profile
Social Media
Corona Labs Company Twitter Account
Company News
Corona Labs News
Facebook
Corona Labs on Facebook
YouTube
Corona Labs on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Walter Luh
  Walter Luh LinkedIn Profile  Walter Luh Twitter Account  Walter Luh News  Walter Luh on Facebook
Co-Founder
Salman Ullah
  Salman Ullah LinkedIn Profile  Salman Ullah Twitter Account  Salman Ullah News  Salman Ullah on Facebook
VP - Engineering
Gary Hooper
  Gary Hooper LinkedIn Profile  Gary Hooper Twitter Account  Gary Hooper News  Gary Hooper on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/13/2012: PlayHaven venture capital transaction
Next: 11/13/2012: DogVacay venture capital transaction

 

Share this article

 


About Our VC Transactions Data

We document every notable VC transaction. VC transactions reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary