Tech Company Financing Transactions
what3words Funding Round
On 6/30/2016, what3words announced $8.5 million in Series B investment from Aramex, Force Over Mass Capital and Intel Capital.
Transaction Overview
Company Name
Announced On
6/30/2016
Transaction Type
Venture Equity
Amount
$8,500,000
Round
Series B
Investors
Proceeds Purpose
The startup says other plans for the new investment including launching a voice recognition product in the smartphone, wearables and automotive sectors -- allowing for location sharing to be verbal to further increase efficiencies.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
65 Alfred Rd. Great Western Studios 301
London, W2 5EU
UK
London, W2 5EU
UK
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
what3words is a global grid of 3mx3m squares. Each square has a preallocated, unique & fixed 3 word address. This means everyone and everywhere now has an address. Using words means non-technical people can find any location more accurately and most importantly, communicate it more quickly, more easily and with less ambiguity than any other system.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chris Sheldrick
Chief Financial Officer
Camilla Taylor
Chief Marketing Officer
Giles Jones
Chief Operating Officer
Jack Waley-Cohen
VP - R & D
Mohan Ganesalingam
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