Tech Company Financing Transactions
Owl Labs Funding Round
Owl Labs secured a $15 million Series B financing round on 4/18/2019. Investors included Spark Capital, Matrix Partners and Playground Global.
Transaction Overview
Company Name
Announced On
4/18/2019
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors
Proceeds Purpose
This funding will help Owl Labs continue its momentum and innovate new solutions for the changing workforce. The money will also be used to grow the team, accelerate product manufacturing to meet increased demand, and expand the company's international reach in 2019 and beyond.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
33 1/2 Union Sq.
Somerville, MA 02143
USA
Somerville, MA 02143
USA
Phone
Website
Email Address
Not Recorded
Overview
Owl Labs is a video conferencing hardware company creating a new IoT product that puts the remote employee's experience first. With more and more people going remote, distributed employees need better technology to meet and stay connected to their distant in-person teams.
Management Team
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