Tech Company Financing Transactions
Understory Funding Round
Private investors invested in a $7.5 million venture round for Understory. The round was announced by the company on 2/16/2016.
Transaction Overview
Company Name
Announced On
2/16/2016
Transaction Type
Venture Equity
Amount
$7,498,498
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed. 8 investors participated in the offering. The amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt. SEC regulatory filing.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
316 West Washington Ave.
Madison, WI 53703
USA
Madison, WI 53703
USA
Phone
Website
Email Address
Overview
Understory--named for the area in a rainforest beneath the forest canopy--detects rain, hail, wind and other weather events directly at the earth's surface, where the risk to life and property is greatest.
Management Team
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About Our VC Transactions Data
We do our best to report on funding rounds that are announced publicly. 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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