Tech Company Financing Transactions
Bright Cellars Funding Round
Cleveland Avenue, Cream City Venture Capital and CSA Partners joined a $2.8 million capital raise for Bright Cellars. This venture round was announced on 5/28/2018.
Transaction Overview
Company Name
Announced On
5/28/2018
Transaction Type
Venture Equity
Amount
$2,800,000
Round
Undisclosed
Proceeds Purpose
Bright Cellars co-founder and CEO Richard Yau said the capital infusion will be used to further build Bright Cellars' data science capability, improve the breadth of wines available to members, and to scale operations and marketing.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
Undisclosed
Cambridge, MA 94107
USA
Cambridge, MA 94107
USA
Phone
Undisclosed
Website
Email Address
Overview
Bright Cellars is the subscription wine experience that uses an intelligent algorithm to match members with personalized wine boxes. Bright Cellars is a fun and engaging wine community for millennials looking to discover and learn about wine.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Richard Yau
Chief Technical Officer
Joe Laurendi
VP - Finance
Michael McNally
VP - Sales
Mark Cervellero
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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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