Tech Company Financing Transactions
Litbit Funding Round
On 12/31/2015, Litbit raised $7 million in financing from Correlation Ventures and private investors.
Transaction Overview
Company Name
Announced On
12/31/2015
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
4 North 2nd St. 595
San Jose, CA 95113
USA
San Jose, CA 95113
USA
Phone
Website
Email Address
Overview
Litbit is the original creator and primary driver of the Apache Iota open source project. We use Iota as the core of our human+machine orchestration platform that we call RhythmOS.
Management Team
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Where The Data Comes From
Our team works diligently to record every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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