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
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors
Merus Capital (Salman Ullah)
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
Palo Alto, CA 94303
USA
Phone
Undisclosed
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Walter Luh
Co-Founder
Salman Ullah
VP - Engineering
Gary Hooper
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