Tech Company Financing Transactions
Pley Funding Round
Pley, operating out of San Jose, secured $6.7 million from Allegro Venture Partners, Correlation Ventures and Floodgate Fund.
Transaction Overview
Company Name
Announced On
3/21/2014
Transaction Type
Venture Equity
Amount
$6,700,000
Round
Undisclosed
Proceeds Purpose
The venture capital funds will help Pley build out an East coast warehouse, expand to Europe, and double its team of 23 in the next year.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
1580 Oakland Rd. C104
San Jose, CA 95131
USA
San Jose, CA 95131
USA
Phone
Website
Email Address
Not Recorded
Overview
Pley makes it possible for kids of all ages to rent LEGO sets, saving hundreds of dollars per year in toys that are enjoyed and then often neglected.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 3/21/2014: Glo venture capital transaction
Next: 3/21/2014: Saffron Technology venture capital transaction
Share this article
About Database of VC Transactions
Our team works diligently to report on tech company VC transactions. VC investment data records on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs