Tech Company Financing Transactions
Kite & Lightning Funding Round
Raine Ventures, Boost VC and Comcast Ventures participated in a $2.5 million Seed funding round for Kite & Lightning. This venture round was announced on 7/26/2016.
Transaction Overview
Company Name
Announced On
7/26/2016
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
Raine Ventures (Lead Investor) (Gordon Rubenstein)
Proceeds Purpose
The funding will enable Kite & Lightning to expand its team to create Bebylon Battle Royale, a world built around competitive spectator gaming.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
Undisclosed
Los Angeles, CA 90049
USA
Los Angeles, CA 90049
USA
Phone
Undisclosed
Website
Email Address
Overview
Kite & Lightning is a cinematic VR company that blends gaming, social and story to create emotionally transformative experiences.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ikrima Elhassan
Browse more venture capital transactions:
Prev: 7/26/2016: Videolicious venture capital transaction
Next: 7/26/2016: StackPath venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We record funding rounds that are announced publicly. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs