Tech Company Financing Transactions
Tumri Funding Round
On 6/4/2007, Tumri announced $10 million in Series B funding from Lehman Brothers Venture Partners, Accel Partners and Shasta Ventures.
Transaction Overview
Company Name
Announced On
6/4/2007
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Lehman Brothers Venture Partners (Lead Investor) (Benjamin Boyer)
Shasta Ventures (Jason Pressman)
Proceeds Purpose
The company plans to use the funding to further support sales, marketing and product development initiatives.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
99 Park Avenue 5th Floor
New York, NY 10016
USA
New York, NY 10016
USA
Phone
Website
Email Address
Overview
Tumri's fully-automated merchandising network provides an intelligent and efficient way to deliver relevant retail offers to interested online consumers. Our solution generates great clickthrough and conversion rates for merchants, additional revenue for publishers and content owners, and highly relevant offers for consumers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hari Menon
Chief Technical Officer
Pradeep Javangula
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Where The Data Comes From
Our team works diligently to record every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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