Tech Company Financing Transactions
Embrace.io Funding Round
Embrace.io, operating out of Culver City, secured $20 million in funding from New Enterprise Associates, AV8 Ventures and Eniac Ventures.
Transaction Overview
Company Name
Announced On
7/14/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate product innovation.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
Undisclosed
Culver City, CA 90066
USA
Culver City, CA 90066
USA
Phone
Undisclosed
Website
Email Address
Overview
Embrace.io is a group of Los Angeles-based data junkies who have built top-grossing apps. They are supported by mobile-focused investors, including leaders from Parse, Burstly / Testflight, MoPub, and Scopely, who are familiar with the pain of building, releasing, and running large-scale mobile apps.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Eric Futoran
Co-Founder
Fredric Newberg
Co-Founder
Maggie Shih
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About Our Venture Capital Transactions Database
Our team works diligently to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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