Tech Company Financing Transactions
Essential Funding Round
Essential closed a $300 million financing round on 6/9/2017. Investors included Altimeter Capital, Foxconn Technology Group and Playground Global.
Transaction Overview
Company Name
Announced On
6/9/2017
Transaction Type
Venture Equity
Amount
$300,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The new financing round created a separate class of shares with more voting rights, suggesting Playground Global has considerable control over Essential, according to Equidate's analysis.
Company Information
Company Status
Out of Business
Industry
Mobile
Mailing Address
380 Portage Ave.
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Undisclosed
Website
Email Address
Overview
An entirely new type of company, creating solutions for the way people live in the 21st century.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Rubin
Chief Financial Officer
Meena Srinivasan
Vice President
Shari Doherty
Vice President
Rebecca Zavin
VP - General Counsel
Angela Chien
VP - Sales
Alexandre Cheriere
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News on VC Transactions
We report on funding rounds that are announced publicly. VC investment data records reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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