Tech Company Financing Transactions
360fly Funding Round
360fly, based in Pittsburgh, received $40 million from Hydra Capital, L Catterton Partners and Qualcomm Ventures.
Transaction Overview
Company Name
Announced On
5/6/2016
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Proceeds Purpose
This latest round of funding will significantly bolster 360fly's efforts to expand the worldwide sales footprint for its groundbreaking suite of 360-degree camera offerings, while also supporting marketing efforts for its new 4K camera, available at retail later this month. Additionally, 360fly will continue its emphasis in R&D and continued development of its software and hardware roadmap -- specifically focusing on machine learning technology and its continued focus on product integration with companies like Giro and Bell Helmets.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
300 Fleet St. 250
Pittsburgh, PA 15220
USA
Pittsburgh, PA 15220
USA
Phone
Website
Email Address
Overview
At 360fly, we design and create 360° cameras and technology that inspire people to capture, share and experience their lives in immersive, interactive 360° video. Our passion and unrelenting pursuit of innovation have led us to redefine what is possible in video, virtual reality and visual storytelling.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Timothy O'Neil
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Where The Data Comes From
Our team works diligently to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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