Tech Company Financing Transactions

VIRES Aeronautics Funding Round

Draper Associates, private investors and Lemnos participated in a $1 million Series A venture round for VIRES Aeronautics. The round closed on 3/4/2014.

Transaction Overview

Company Name
VIRES Aeronautics
Announced On
3/4/2014
Transaction Type
Venture Equity
Amount
$1,000,000
Round
Series A
Investors

Draper Associates (Lead Investor) (Timothy Draper)

private investors (Donald Hutchinson)

private investors (Lance White)

private investors (Toivo Annus)

Lemnos (Jeremy Conrad)

Promus Ventures

VTF Capital

Proceeds Purpose
The funding will enable VIRES Aeronautics to meet increasing customer demand for extended flight time in the rapidly growing industry for unmanned aerial vehicles.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
7693 Longard Rd.
Livermore, CA 94551
USA
Phone
(415) 315-9435
Website
www.viresaero.com
Email Address
Not Recorded
Overview
VIRES Aeronautics is uniquely positioned to transform the aeronautics industry with its revolutionary wing design. We retrofit the wings of legacy aircraft with our patented VIRES Aquila technology.
Profile
VIRES Aeronautics LinkedIn Company Profile
Social Media
VIRES Aeronautics Company Twitter Account
Company News
VIRES Aeronautics News
Facebook
VIRES Aeronautics on Facebook
YouTube
VIRES Aeronautics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Harshil Goel
  Harshil Goel LinkedIn Profile  Harshil Goel Twitter Account  Harshil Goel News  Harshil Goel on Facebook
Chief Operating Officer
Robert Vets
  Robert Vets LinkedIn Profile  Robert Vets Twitter Account  Robert Vets News  Robert Vets on Facebook
Chief Technical Officer
Zachary Hargreaves
  Zachary Hargreaves LinkedIn Profile  Zachary Hargreaves Twitter Account  Zachary Hargreaves News  Zachary Hargreaves on Facebook
President
Jordan Greene
  Jordan Greene LinkedIn Profile  Jordan Greene Twitter Account  Jordan Greene News  Jordan Greene on Facebook
VP - Bus. Development
Mike Madden
  Mike Madden LinkedIn Profile  Mike Madden Twitter Account  Mike Madden News  Mike Madden on Facebook
VP - Sales
Mark Wise
  Mark Wise LinkedIn Profile  Mark Wise Twitter Account  Mark Wise News  Mark Wise on Facebook

 

 

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Prev: 3/4/2014: Invuity venture capital transaction
Next: 3/4/2014: Zumper venture capital transaction

 

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