Tech Company Financing Transactions

Lightning Labs Funding Round

Private investors participated in a $2.5 million capital raise for Lightning Labs. The round was recorded on 3/16/2018.

Transaction Overview

Company Name
Announced On
3/16/2018
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Undisclosed
Investors

private investors (Ben Davenport)

private investors (Charlie Lee)

private investors (David Sacks)

private investors (Jack Dorsey)

private investors (Jacqueline Reses)

Proceeds Purpose
Proceeds purposes were not disclosed, but the company launched into beta test its Lightning Network software concurrently with the funding announcement.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
San Francisco, CA 94105
USA
Phone
Undisclosed
Email Address
Overview
Lightning Labs is taking blockchains to the next layer. We are developing Lightning: an open protocol layer that leverages the power of blockchains and smart contracts to make cheap, fast, private transactions available to anyone around the world.
Profile
Lightning Labs LinkedIn Company Profile
Social Media
Lightning Labs Company Twitter Account
Company News
Lightning Labs News
Facebook
Lightning Labs on Facebook
YouTube
Lightning Labs on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Elizabeth Stark
  Elizabeth Stark LinkedIn Profile  Elizabeth Stark Twitter Account  Elizabeth Stark News  Elizabeth Stark on Facebook
Chief Technical Officer
Olaoluwa Osuntokun
  Olaoluwa Osuntokun LinkedIn Profile  Olaoluwa Osuntokun Twitter Account  Olaoluwa Osuntokun News  Olaoluwa Osuntokun on Facebook
VP - Engineering
Conner Fromknecht
  Conner Fromknecht LinkedIn Profile  Conner Fromknecht Twitter Account  Conner Fromknecht News  Conner Fromknecht on Facebook
VP - Operations
Desiree Dickerson
  Desiree Dickerson LinkedIn Profile  Desiree Dickerson Twitter Account  Desiree Dickerson News  Desiree Dickerson on Facebook
VP - Product Management
Bryan Vu
  Bryan Vu LinkedIn Profile  Bryan Vu Twitter Account  Bryan Vu News  Bryan Vu on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/16/2018: SambaNova Systems venture capital transaction
Next: 3/16/2018: Airtable venture capital transaction

 

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Where The Data Comes From

We do our best to report on tech company VC transactions. VC transactions 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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