Tech Company Financing Transactions
Locu Funding Round
Locu secured a $623 thousand Seed funding round on 9/7/2011. Backers included private investors and Quotidian Ventures.
Transaction Overview
Company Name
Announced On
9/7/2011
Transaction Type
Venture Equity
Amount
$623,000
Round
Seed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed, however the company intends to launch its first service in the near future.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
Undisclosed
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded by MIT graduates and computer science researchers, Locu is creating the world's largest semantically-annotated repository of real-time small-business data. We are excited to have the support and backing from a group of acclaimed angel investors and early-stage funds.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rene Reinsberg
Chief Operating Officer
Marc Piette
Chief Technical Officer
Marek Olszewski
Founder
Stelios Sidiroglou-Douskos
Browse more venture capital transactions:
Prev: 9/6/2011: AppFirst venture capital transaction
Next: 9/7/2011: TrueCar venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on tech company VC transactions. All VC database entries on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs