Tech Company Financing Transactions
Verve Funding Round
Verve, operating out of New York, secured $30 million from Silicon Valley Bank.
Transaction Overview
Company Name
Announced On
6/20/2016
Transaction Type
Debt
Amount
$30,000,000
Round
Undisclosed
Investors
Silicon Valley Bank (Eric Otterson)
Proceeds Purpose
This additional investment from SVB allows us to make strategic data and technology acquisitions to complement our distinctive capabilities in the US and abroad.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
44 W 18th St. 702
New York, NY 10011
USA
New York, NY 10011
USA
Phone
Website
Email Address
Overview
Verve Mobile is the pioneering leader in location-based mobile advertising. Ourcustomers are national brand advertisers who want to engage consumers on theirmobile devices with location-aware, data-driven and highly targeted marketing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tom Kenney
Chief Financial Officer
John Fitzgerald
Chief Marketing Officer
Julie Bernard
Chief Technical Officer
Brian Crook
Vice President
Mark Fruehan
VP - Sales
Erin Madorsky
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Next: 6/20/2016: TechSee venture capital transaction
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