Tech Company Financing Transactions
LotusFlare Funding Round
LotusFlare secured a $6 million funding round on 9/2/2015. Backers included Social Capital and private investors.
Transaction Overview
Company Name
Announced On
9/2/2015
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
Social Capital (Lead Investor) (Chamath Palihapitiya)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
530 Lakeside Dr.
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Undisclosed
Website
Email Address
Overview
LotusFlare's mission is to make mobile internet more accessible. Mobile data connectivity drives economic growth and brings vast social benefits to the world, but two-thirds of the world's population is unable to access this valuable resource.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Chamath Palihapitiya
Chief Executive Officer
Sam Gadodia
VP - Engineering
Shao Xia
VP - Product Management
Terry Guo
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