Tech Company Financing Transactions
Tumri Funding Round
Tumri, operating out of New York, secured $15 million from Time Warner Investments, Accel Partners and Shasta Ventures.
Transaction Overview
Company Name
Announced On
6/22/2009
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$15,000,000
Round
Series C
Investors
Time Warner Investments (Lead Investor) (Rachel Lam)
Shasta Ventures (Jason Pressman)
Tenaya Capital (Benjamin Boyer)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
99 Park Avenue 5th Floor
New York, NY 10016
USA
New York, NY 10016
USA
Phone
Website
Email Address
Overview
Tumri's fully-automated merchandising network provides an intelligent and efficient way to deliver relevant retail offers to interested online consumers. Our solution generates great clickthrough and conversion rates for merchants, additional revenue for publishers and content owners, and highly relevant offers for consumers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hari Menon
Chief Technical Officer
Pradeep Javangula
Browse more venture capital transactions:
Prev: 6/22/2009: Auriga Microwave venture capital transaction
Next: 6/22/2009: oneTXT venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to record every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs