Tech Company Financing Transactions

GrabCAD Funding Round

CRV, Accomplice and private investors participated in a $8.2 million Series B venture round for GrabCAD. The round was announced on 10/15/2012.

Transaction Overview

Company Name
Announced On
10/15/2012
Transaction Type
Venture Equity
Amount
$8,150,000
Round
Series B
Investors

CRV (Lead Investor) (Izhar Armony)

Accomplice

private investors (David Sacks)

Matrix Partners (David Skok)

NextView Ventures

Proceeds Purpose
GrabCAD is using the funds to accelerate company growth as it builds a new collaborative tool that improves design and communication processes in the creation of physical products.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
One Cambridge Center 6th Floor
Cambridge, MA 02142
USA
Email Address
Overview
GrabCAD is a services marketplace that connects manufacturing and product development companies with CAD engineers around the world.
Profile
GrabCAD LinkedIn Company Profile
Social Media
GrabCAD Company Twitter Account
Company News
GrabCAD News
Facebook
GrabCAD on Facebook
YouTube
GrabCAD on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Hardi Meybaum
  Hardi Meybaum LinkedIn Profile  Hardi Meybaum Twitter Account  Hardi Meybaum News  Hardi Meybaum on Facebook
Chief Technical Officer
Indrek Narusk
  Indrek Narusk LinkedIn Profile  Indrek Narusk Twitter Account  Indrek Narusk News  Indrek Narusk on Facebook
VP - Engineering
Jon Stevenson
  Jon Stevenson LinkedIn Profile  Jon Stevenson Twitter Account  Jon Stevenson News  Jon Stevenson on Facebook
VP - Sales
Rob Stevens
  Rob Stevens LinkedIn Profile  Rob Stevens Twitter Account  Rob Stevens News  Rob Stevens on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/15/2012: Independa venture capital transaction
Next: 10/15/2012: Switchfly venture capital transaction

 

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Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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