Tech Company Financing Transactions
Velan Studios Funding Round
Velan Ventures and private investors joined a $7 million Series A funding round for Velan Studios. The round was recorded on 7/12/2017.
Transaction Overview
Company Name
Announced On
7/12/2017
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series A
Investors
Velan Ventures (Lead Investor) (Guha Bala)
Proceeds Purpose
The investment will be used to continue to focus on Velan's mission of building new entertainment experiences around emergent technologies.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
225 River St.
Troy, NY 12180
USA
Troy, NY 12180
USA
Phone
Undisclosed
Website
Email Address
Overview
Velan Studios is a new development studio made up of a diverse team of game industry veterans. We have created hundreds of games, selling millions of copies over the past 25 years.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Karthik Bala
Founder
Guha Bala
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Where The Data Comes From
Our team works diligently to record all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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