Tech Company Financing Transactions
Lacuna Technologies Funding Round
On 7/8/2021, Lacuna Technologies raised $16 million in Series A funding from Xplorer Capital and Playground Global.
Transaction Overview
Company Name
Announced On
7/8/2021
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series A
Investors
Xplorer Capital (Lead Investor) (Keith Nilsson)
Proceeds Purpose
Lacuna will use the proceeds of the round to expand its product offerings and scale its business to new markets.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
380 Portage Ave.
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Founded in 2018 and based in Palo Alto, California, Lacuna Technologies builds and manages open-sourced digital tools that allow cities and municipalities to create, communicate, and enforce dynamic transportation policies. Streets are packed with new forms of mobility -- delivery services, rideshare vehicles, and even drones.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hugh Martin
Chief Operating Officer
Don Jaworski
Co-Founder
Todd Petersen
President
John Ellis
VP - Bus. Development
Michael Buhr
VP - Client Services
Victoria Dower
VP - General Counsel
Magnolia Mobley
VP - Regulatory Affairs
Hubert Riley
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We report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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