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
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.
Profile
CoinLab LinkedIn Company Profile
Social Media
CoinLab Company Twitter Account
Company News
CoinLab News
Facebook
CoinLab on Facebook
YouTube
CoinLab on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Peter Vessenes
  Peter Vessenes LinkedIn Profile  Peter Vessenes Twitter Account  Peter Vessenes News  Peter Vessenes on Facebook
Chief Financial Officer
Jodie Brady
  Jodie Brady LinkedIn Profile  Jodie Brady Twitter Account  Jodie Brady News  Jodie Brady on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/25/2012: Needle venture capital transaction
Next: 4/25/2012: Amalfi Semiconductor venture capital transaction

 

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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.

 


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