Tech Company Financing Transactions

M87 Funding Round

Madrona Venture Group, Qualcomm Ventures and Trilogy Equity Partners participated in a $5 million capital raise for M87. This VC investment round was announced on 11/18/2016.

Transaction Overview

Company Name

M87

Announced On

11/18/2016

Transaction Type

Venture Equity

Amount

$5,000,000

Round

Undisclosed

Investors

Madrona Venture Group (Lead Investor) (Len Jordan)

Qualcomm Ventures (Nagraj Kashyap)

Trilogy Equity Partners

Proceeds Purpose

M87, which has raised more than $12 million to date, will use the fresh funding round to double its 8-person team by the first half of next year.

Company Information

Company Status

Private & Independent

Industry

Networking

Mailing Address

211 E. 7th St. 510
Austin, TX 78701
USA

Phone

(512) 394-7803

Website

www.m-87.com

Email Address

[email protected]

Overview

M87's Routing at the Edge (RATE) technology improves the performance of data networks by moving routing intelligence and network selection decisions to the device, which is most aware of real-time connectivity conditions.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Cole Brodman

Chief Operating Officer

David Hampton

Chief Technical Officer

Vidur Bhargava

VP - Bus. Development

Matthew Bancroft

Browse more venture capital transactions:

Prev: 11/18/2016: SeaLights venture capital transaction
Next: 11/18/2016: T-REX Group venture capital transaction

Share this article

About Database of VC Transactions

We report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary