Tech Company Financing Transactions
8thBridge Funding Round
ForgePoint Capital and Split Rock Partners participated in a $10 million Series B capital raise for 8thBridge. The round was recorded on 3/21/2011.
Transaction Overview
Company Name
Announced On
3/21/2011
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
ForgePoint Capital (Lead Investor) (Evangelos Simoudis)
Split Rock Partners (Michael Gorman)
Proceeds Purpose
The additional capital garnered through this funding round will be used to expand 8thBridge's current operations and to extend the company's leading social commerce solutions.
Company Information
Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
110 Fifth St. North 420
Minneapolis, MN 55403
USA
Minneapolis, MN 55403
USA
Phone
Website
Email Address
Overview
Merchants partner with 8thBridge to create social shopping experiences for their customers inside Facebook and on their ecommerce sites. Customers are empowered to shop with merchants on their own terms in a shopping experience that is portable, personalized, and participatory.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Wade Gerten
Chief Operating Officer
Jamie Thingelstad
Chief Scientific Officer
Linda Whitaker
VP - Engineering
Mike Bjerkness
VP - Product Management
Jon Kubo
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