Tech Company Financing Transactions
CoinLab Funding Round
CoinLab, operating out of Seattle, secured $500 thousand from Draper Associates and private investors.
Transaction Overview
Company Name
Announced On
4/25/2012
Transaction Type
Venture Equity
Amount
$500,000
Round
Undisclosed
Investors
Draper Associates (Timothy Draper)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
71 Columbia St. 300
Seattle, WA 98104
USA
Seattle, WA 98104
USA
Phone
Website
Email Address
Overview
We broker computational power, delivering free game currency to gamers, 5x ARPU on game company low monetizing customers, and massive compute resources for scientific computing. Gamers download our client, turn it on, and start getting paid in the game currency they want.
Management Team
Browse more venture capital transactions:
Prev: 4/25/2012: Needle venture capital transaction
Next: 4/25/2012: Amalfi Semiconductor venture capital transaction
Share this article
Where The Data Comes From
We record every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs