Tech Company Financing Transactions
eXelate Funding Round
eXelate, operating out of New York, secured $15 million from Menlo Ventures and Viola Ventures.
Transaction Overview
Company Name
Announced On
8/3/2010
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors
Menlo Ventures (Lead Investor) (Mark Siegel)
Viola Ventures (Shlomo Dovrat)
Proceeds Purpose
eXelate will be leveraging the proceeds from the new round of investment to continue to enhance its data marketplace footprint, as well as expand the functionality of its robust data management toolset.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
7 W. 22nd St. 9th Floor
New York, NY 10010
USA
New York, NY 10010
USA
Phone
Website
Email Address
Overview
eXelate was created to address the deficiency in targeted data, which we believe delays the progress of web-based advertising as a whole. Unlike the other major targeting-related players, eXelate believes in sharing data and related revenues.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Zagorski
Chief Financial Officer
Damian Garbaccio
Chief Technical Officer
Elad Efraim
Co-Founder
Meir Zohar
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About Our VC Transactions Data
We do our best to document funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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