Tech Company Financing Transactions

Syte.ai Funding Round

Syte.ai closed a $40 million Series C venture capital round on 10/22/2020. Investors included Viola Ventures, AxessVentures and Commerce Ventures.

Transaction Overview

Company Name
Announced On
10/22/2020
Transaction Type
Debt
Venture Equity
Amount
$40,000,000
Round
Series C
Proceeds Purpose
The company intends to use the funds to expand its geographic reach and to support the growth of its product offering. With much of their early customer base in Europe, the Middle East, and Africa, Syte will focus on expansion in the United States and Asia-Pacific.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
Route de Peney 2
Vernier, 1214
Switzerland
Phone
Undisclosed
Email Address
Overview
Our vision is simple, we want to empower consumers by giving them the ability of automatic visual search. One day, very soon, this will be the standard. The question is will YOUR customers be the first to enjoy this capability, or will you be the last to adapt? Will your company be a leader in innovation or will you follow your competition?
Profile
Syte.ai LinkedIn Company Profile
Social Media
Syte.ai Company Twitter Account
Company News
Syte.ai News
Facebook
Syte.ai on Facebook
YouTube
Syte.ai on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ofer Fryman
  Ofer Fryman LinkedIn Profile  Ofer Fryman Twitter Account  Ofer Fryman News  Ofer Fryman on Facebook
Chief Marketing Officer
Lihi Fryman
  Lihi Fryman LinkedIn Profile  Lihi Fryman Twitter Account  Lihi Fryman News  Lihi Fryman on Facebook
Chief Operating Officer
Idan Pinto
  Idan Pinto LinkedIn Profile  Idan Pinto Twitter Account  Idan Pinto News  Idan Pinto on Facebook
Chief Technical Officer
Helge Voss
  Helge Voss LinkedIn Profile  Helge Voss Twitter Account  Helge Voss News  Helge Voss on Facebook


 

 

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Prev: 10/22/2020: Robust Intelligence venture capital transaction
Next: 10/22/2020: Conducto venture capital transaction

 

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About Our VC Transactions Data

We report on tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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