Tech Company Financing Transactions
Teforia Funding Round
Correlation Ventures and private investors participated in a $12 million funding round for Teforia. The round closed on 3/31/2016.
Transaction Overview
Company Name
Announced On
3/31/2016
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
465 Fairchild Dr. 127
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Undisclosed
Website
Email Address
Overview
Teforia elegantly blends the rich tradition of tea with technology to create the perfect modern tea experience. Teforia uses their proprietary Selective Infusion Process ("SIP") technology and smart packaging to automatically determine the best taste and composition of each type of tea, creating the perfect cup each time.
Management Team
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