Tech Company Financing Transactions
Orchid Labs Funding Round
On 10/27/2017, Orchid Labs raised $4.7 million in Seed funding from Andreessen Horowitz, Blockchain Capital and Compound Ventures.
Transaction Overview
Company Name
Announced On
10/27/2017
Transaction Type
Venture Equity
Amount
$4,700,000
Round
Seed
Investors
Proceeds Purpose
Orchid plans to make its network and tokens publicly available next year through a public sale.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Overview
Orchid combines its protocol with surplus bandwidth, state-of-the art-encryption, and a decentralized infrastructure to bring users surveillance-free access to the existing Internet. Because everyone is surveilled and bandwidth is ubiquitous, Orchid users can exchange bandwidth in peer-to-peer transactions using Orchid tokens on the Ethereum blockchain.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Stephen Bell
Co-Founder
Brian Fox
Co-Founder
Jay Freeman
Co-Founder
Gustav Simonsson
Co-Founder
Steve Waterhouse
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We report on all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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