Tech Company Financing Transactions
Yola Funding Round
On 2/17/2009, Yola received $20 million in Series B financing from Reinet Investments.
Transaction Overview
Company Name
Announced On
2/17/2009
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Reinet Investments (Johann Rupert)
Proceeds Purpose
The company plans to use the capital to accelerate the development of its Web site creation tools and its peer-to-peer e-commerce platform through organic growth and strategic acquisitions in both its San Francisco and Cape Town, South Africa locations.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
51 Federal St. 401
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Website
Email Address
Overview
Small businesses and individuals need great-looking, functional websites. They should be able to easily control their content. They should not be forced to place ads on their sites. They should be able to build and host their sites for free. These are the fundamental beliefs that drive us here at SynthaSite.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Trevor Jones
Founder
Vinny Lingham
VP - Bus. Development
David Saxton
VP - Customer Service
Monique Platts
VP - Product Management
Brent Viljoen
Browse more venture capital transactions:
Prev: 2/17/2009: Exalt Communications venture capital transaction
Next: 2/17/2009: CoolIT Systems venture capital transaction
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