Tech Company Financing Transactions

Lapse Funding Round

On 2/27/2024, Lapse landed $30 million in Series A financing from DST Global, Greylock Partners and GV.

Transaction Overview

Company Name
Announced On
2/27/2024
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series A
Investors

DST Global (Lead Investor)

Greylock Partners (Lead Investor) (Jacob Andreou)

GV

private investors (Naveen Gavini)

private investors (Nima Khajehnouri)

private investors (Praveen Murugesan)

private investors (Soleio Cuervo)

Octopus Ventures (Matthew Chandler)

Speedinvest

Proceeds Purpose
The company intends to use the funds to implement feedback-driven product updates and expand its engineering and technical team to accommodate growth.

Company Information

Company Status
Private & Independent
Industry
Communications
Mailing Address
Newport Pagnell 105 Icentre Howard Way
Milton Keynes, MK16 9PY
UK
Phone
Undisclosed
Email Address
Not Recorded
Overview
Developer of camera application designed to capture photos on a mobile phone. The company's application allows snapping to a camera roll in a private group chat and that roll will only be published to the group for a limited time after the first shot, thus enabling users to capture photos and share them with friends for a short duration of time.
Profile
Lapse LinkedIn Company Profile
Social Media
Lapse Company Twitter Account
Company News
Lapse News
Facebook
Lapse on Facebook
YouTube
Lapse on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Benjamin Silvertown
  Benjamin Silvertown LinkedIn Profile  Benjamin Silvertown Twitter Account  Benjamin Silvertown News  Benjamin Silvertown on Facebook
Co-Founder
Daniel Silvertown
  Daniel Silvertown LinkedIn Profile  Daniel Silvertown Twitter Account  Daniel Silvertown News  Daniel Silvertown on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/27/2024: Graide venture capital transaction
Next: 2/27/2024: Validation Cloud venture capital transaction

 

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Where The Data Comes From

Our team works diligently to report on all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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