Tech Company Financing Transactions
Rounds Funding Round
Rounds, based in Tel Aviv, secured $12 million in investment from Sequoia Capital, Draper Associates and Rhodium.
Transaction Overview
Company Name
Announced On
1/15/2015
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series B
Investors
Sequoia Capital (Lead Investor) (Shmil Levy)
Proceeds Purpose
The capital will be used to support the company's continued growth and expansion, with key new hires across various departments, as well as to build out the platform further by bringing fun and entertainment into the conversation -- focusing on the ease of getting together to create fun memories with the people you feel closest to.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
Dizengoff 99
Tel Aviv, 64396
Israel
Tel Aviv, 64396
Israel
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Rounds offers instant group video chat on mobile. It's a live communication platform that makes it easier, faster and more fun to connect to friends and family.
Management Team
Title
Name
Email & Social
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