Tech Company Financing Transactions
Wearhaus Funding Round
On 11/21/2016, Wearhaus announced $4 million in Series A financing from Tellus International and China Media Capital.
Transaction Overview
Company Name
Announced On
11/21/2016
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Series A
Investors
Tellus International (Lead Investor)
Proceeds Purpose
The company will use the funds to ramp up production to allow for immediate fulfillment of individual sales and large, soon to be announced retail orders.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
2041 Bancroft Way 303
Berkeley, CA 94704
USA
Berkeley, CA 94704
USA
Phone
Undisclosed
Website
Email Address
Overview
Wearhaus Inc. is a Bay Area hardware startup founded in 2013 by ex-UC Berkeley students Richie Zeng and Nelson Zhang. Richie and Nelson met as engineering students but bonded over concerts and trips to the record store. They quickly realized how important music can be when it comes to meeting new people, but it's not always an easy process.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Richie Zeng
Chief Technical Officer
Nelson Zhang
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We document funding rounds that are announced publicly. VC investment data records on this site are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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