Tech Company Financing Transactions
SendHub Funding Round
SendHub, based in San Bruno, scored $2 million from Kapor Capital, 500 Global and Menlo Ventures.
Transaction Overview
Company Name
Announced On
4/27/2012
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
Proceeds Purpose
With the new funding, SendHub will hire more aggressively and round out the product with more enterprise-friendly features. "Our goal is to create a sustainable business around the fact that enterprises need to communicate in real time," Rust said. "You should be able to use efficient communication systems like SMS from anywhere. We want to invest the money in making sure we can be everywhere our customers are."
Company Information
Company Status
Private & Independent
Industry
Telecom
Mailing Address
1150 Bayhill Dr. 205
San Bruno, CA 94066
USA
San Bruno, CA 94066
USA
Phone
Website
Email Address
Overview
SendHub is a simple messaging solution. We make it easy for businesses, educators, healthcare workers and just about anyone to send texts to individuals and groups of any size.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Garrett Johnson
Co-Founder
John Fallone
Co-Founder
Ryan Pfeffer
Co-Founder
Ash Rust
Browse more venture capital transactions:
Prev: 4/27/2012: OncoPep venture capital transaction
Next: 4/27/2012: Rapid Micro Biosystems venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC transactions reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs