Tech Company Financing Transactions
OJO Labs Funding Round
OJO Labs, operating out of Austin, raised $45 million in funding from LiveOak Venture Partners, Northwestern Mutual Capital and RBC Bank.
Transaction Overview
Company Name
Announced On
3/21/2019
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Undisclosed
Proceeds Purpose
The bulk of the cash infusion will be used to expand the company's data science, product, and engineering teams, said CEO John Berkowitz, and to drive product development. Additionally, it'll lay the groundwork for Ojo's expansion to all 50 U.S. states, up from the 12 markets where it's currently available.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
1007 S Congress Building 9 400
Austin, TX 78704
USA
Austin, TX 78704
USA
Phone
Website
Email Address
Overview
OJO Labs is a team of the best engineers, entrepreneurs, data scientists, and product gurus on a mission to change the world through machine-driven, actionable conversations.
Management Team
Title
Name
Email & Social
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