Tech Company Financing Transactions

Axial Funding Round

Comcast Ventures, First Round Capital and Redpoint Ventures invested in a $11 million Series B venture round for Axial. The financing round closed on 8/12/2014.

Transaction Overview

Company Name
Announced On
8/12/2014
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series B
Investors

Comcast Ventures (Lead Investor) (Samuel Landman)

First Round Capital (Howard Morgan)

Redpoint Ventures (Tomasz Tunguz)

Proceeds Purpose
The new money will be used to further grow Axial's network, plus also to further reduce frictions when members complete transactions with one another.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
443 Park Ave. S 8th Floor
New York, NY 10016
USA
Email Address
Overview
Axial is a marketplace where entrepreneurs access capital to grow or sell their company. Axial focuses on serving entrepreneurs in the American middle market, a huge, fragmented, and underserved entrepreneurial economy.
Profile
Axial LinkedIn Company Profile
Social Media
Axial Company Twitter Account
Company News
Axial News
Facebook
Axial on Facebook
YouTube
Axial on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Peter Lehrman
  Peter Lehrman LinkedIn Profile  Peter Lehrman Twitter Account  Peter Lehrman News  Peter Lehrman on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/12/2014: Fiverr venture capital transaction
Next: 8/12/2014: Photobucket venture capital transaction

 

Share this article

 


News on VC Transactions

We record tech company VC transactions. VC transactions on this site are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary