Tech Company Financing Transactions

Optoro Funding Round

On 12/10/2014, Optoro secured $50 million in Series C funding from Kleiner Perkins Caufield & Byers, Generation Investment Management and Grotech Ventures.

Transaction Overview

Company Name
Optoro
Announced On
12/10/2014
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series C
Investors

Kleiner Perkins Caufield & Byers (Lead Investor) (Daniel Oros)

Generation Investment Management

Grotech Ventures (Lawson DeVries)

Revolution Growth (Ted Leonsis)

Swan Ventures (Anthony Nader)

Proceeds Purpose
The Series C funding will enable Optoro to scale major partnerships and expand into new markets, bringing the company's innovative platform and approach to additional retailers and consumers who will benefit from Optoro's efficient inventory disposition and marketing engine.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
1001 G St. NW 1200
Washington, DC 20001
USA
Phone
(301) 760-7003
Website
www.optoro.com
Email Address
[email protected]
Overview
Optoro's mission is to provide the most comprehensive asset recovery solution for the distressed inventory of retailers, manufacturers, and 3rd party providers.
Profile
Optoro LinkedIn Company Profile
Social Media
Optoro Company Twitter Account
Company News
Optoro News
Facebook
Optoro on Facebook
YouTube
Optoro on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Tobin Moore
  Tobin Moore LinkedIn Profile  Tobin Moore Twitter Account  Tobin Moore News  Tobin Moore on Facebook
Chief Financial Officer
Katy McCarthy
  Katy McCarthy LinkedIn Profile  Katy McCarthy Twitter Account  Katy McCarthy News  Katy McCarthy on Facebook
Chief Technical Officer
Peter Spellman
  Peter Spellman LinkedIn Profile  Peter Spellman Twitter Account  Peter Spellman News  Peter Spellman on Facebook
President
Adam Vitarello
  Adam Vitarello LinkedIn Profile  Adam Vitarello Twitter Account  Adam Vitarello News  Adam Vitarello on Facebook
Vice President
Kenneth Lim
  Kenneth Lim LinkedIn Profile  Kenneth Lim Twitter Account  Kenneth Lim News  Kenneth Lim on Facebook
VP - Bus. Development
Adam Wegner
  Adam Wegner LinkedIn Profile  Adam Wegner Twitter Account  Adam Wegner News  Adam Wegner on Facebook
VP - Client Services
Casey Chroust
  Casey Chroust LinkedIn Profile  Casey Chroust Twitter Account  Casey Chroust News  Casey Chroust on Facebook
VP - Engineering
Alex Kramer
  Alex Kramer LinkedIn Profile  Alex Kramer Twitter Account  Alex Kramer News  Alex Kramer on Facebook
VP - Finance
Laura Brashier
  Laura Brashier LinkedIn Profile  Laura Brashier Twitter Account  Laura Brashier News  Laura Brashier on Facebook
VP - Human Resources
Zoe Sharp
  Zoe Sharp LinkedIn Profile  Zoe Sharp Twitter Account  Zoe Sharp News  Zoe Sharp on Facebook
VP - Marketing
Larisa Summers
  Larisa Summers LinkedIn Profile  Larisa Summers Twitter Account  Larisa Summers News  Larisa Summers on Facebook
VP - Operations
Ricardo Menendez
  Ricardo Menendez LinkedIn Profile  Ricardo Menendez Twitter Account  Ricardo Menendez News  Ricardo Menendez on Facebook
VP - Product Management
Pankaj Kulkarni
  Pankaj Kulkarni LinkedIn Profile  Pankaj Kulkarni Twitter Account  Pankaj Kulkarni News  Pankaj Kulkarni on Facebook
VP - Sales
Tyler Grundmeier
  Tyler Grundmeier LinkedIn Profile  Tyler Grundmeier Twitter Account  Tyler Grundmeier News  Tyler Grundmeier on Facebook
VP - Sales
Gene Leonardi
  Gene Leonardi LinkedIn Profile  Gene Leonardi Twitter Account  Gene Leonardi News  Gene Leonardi on Facebook
VP - Sales
Karen McElaney
  Karen McElaney LinkedIn Profile  Karen McElaney Twitter Account  Karen McElaney News  Karen McElaney on Facebook

 

 

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