Tech Company Financing Transactions

Xoom Funding Round

DAG Ventures, New Enterprise Associates and Sequoia Capital participated in a $20.3 million Series E venture round for Xoom. The round was announced on 10/1/2007.

Transaction Overview

Company Name
Announced On
10/1/2007
Transaction Type
Venture Equity
Amount
$20,290,000
Round
Series E
Investors

DAG Ventures (Lead Investor)

New Enterprise Associates (Dick Kramlich)

Sequoia Capital (Roelof Botha)

Volition Capital

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
100 Bush Street 300
San Francisco, CA 94104
USA
Email Address
Overview
Xoom has been operating a successful money transfer service since 2002. Consumers from all around the world use its disbursement network to send money to dozens of countries in the Americas, Africa, Asia, Europe, and the Middle East.
Profile
Xoom LinkedIn Company Profile
Social Media
Xoom Company Twitter Account
Company News
Xoom News
Facebook
Xoom on Facebook
YouTube
Xoom on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
John Kunze
  John Kunze LinkedIn Profile  John Kunze Twitter Account  John Kunze News  John Kunze on Facebook
Chief Financial Officer
Ryno Blignaut
  Ryno Blignaut LinkedIn Profile  Ryno Blignaut Twitter Account  Ryno Blignaut News  Ryno Blignaut on Facebook
VP - Marketing
Julian King
  Julian King LinkedIn Profile  Julian King Twitter Account  Julian King News  Julian King on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/1/2007: Mantara venture capital transaction
Next: 10/1/2007: Konarka Technologies venture capital transaction

 

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