Tech Company Financing Transactions
Strava Funding Round
Strava closed a $12.6 million Series B funding round on 7/27/2011. Investors included Madrone Capital Partners and Sigma Prime Ventures.
Transaction Overview
Company Name
Announced On
7/27/2011
Transaction Type
Venture Equity
Amount
$12,600,000
Round
Series B
Investors
Madrone Capital Partners (Lead Investor)
Sigma Prime Ventures (Gregory Gretsch)
Proceeds Purpose
The company will use the funding to extend to other sports beyond cycling and two expand to mobile platforms.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
500 3rd St. 110
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Overview
The company provides an online service that tracks and gives in-depth feedback and analytics for GPS tracked exercise.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Gainey
President
Michael Horvath
VP - Bus. Development
David Lorsch
Browse more venture capital transactions:
Prev: 7/27/2011: Azumio venture capital transaction
Next: 7/27/2011: GoPollGo venture capital transaction
Share this article
About Our VC Transactions Data
We report on tech company VC transactions. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs