Tech Company Financing Transactions

LightSail Funding Round

On 3/7/2016, LightSail raised $11 million in Series B funding from private investors.

Transaction Overview

Company Name
Announced On
3/7/2016
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series B
Investors

private investors (Jeffrey Bezos)

private investors (Scott Cook)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
EdTech
Mailing Address
1250 Bdwy. 30th Floor
New York, NY 10001
USA
Email Address
Not Recorded
Overview
One in nine adult Americans struggle with employment outcomes as well as personal and social well-being -- all because of low literacy skills. LightSail is dedicated to turning students into readers who will become engaged global citizens in the 21st Century.
Profile
LightSail  LinkedIn Company Profile
Social Media
LightSail  Company Twitter Account
Company News
LightSail  News
Facebook
LightSail  on Facebook
YouTube
LightSail  on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Steven Gittleson
  Steven Gittleson LinkedIn Profile  Steven Gittleson Twitter Account  Steven Gittleson News  Steven Gittleson on Facebook
Vice President
Bridget O'Brian
  Bridget O'Brian LinkedIn Profile  Bridget O'Brian Twitter Account  Bridget O'Brian News  Bridget O'Brian on Facebook
VP - Bus. Development
Saul Abrahams
  Saul Abrahams LinkedIn Profile  Saul Abrahams Twitter Account  Saul Abrahams News  Saul Abrahams on Facebook
VP - Sales
Eric Solat
  Eric Solat LinkedIn Profile  Eric Solat Twitter Account  Eric Solat News  Eric Solat on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/4/2016: Divine Services venture capital transaction
Next: 3/7/2016: Lucro venture capital transaction

 

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We do our best to document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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