Tech Company Financing Transactions
Tulip Funding Round
Tulip, based in Somerville, scored $40 million from Kleiner Perkins Caufield & Byers and Jump Capital.
Transaction Overview
Company Name
Announced On
8/23/2017
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Investors
Kleiner Perkins Caufield & Byers (Lead Investor) (Mood Rowghani)
Proceeds Purpose
Tulip will leverage this investment to focus primarily on international growth and innovation.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
561 Windsor St. B402
Somerville, MA 02143
USA
Somerville, MA 02143
USA
Phone
Website
Email Address
Overview
Tulip, a spinout from MIT, brings the power of Industrial IoT and advanced analytics to the manufacturing workforce through its app platform. This revolutionary self-service technology fills the gap between rigid back-end manufacturing IT systems and the dynamic operations taking place on the shop floor.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Natan Linder
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Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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