Tech Company Financing Transactions
Genius Funding Round
Andreessen Horowitz and private investors invested in a $40 million Series B venture round for Genius. The round was announced on 7/11/2014.
Transaction Overview
Company Name
Announced On
7/11/2014
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Investors
Andreessen Horowitz (Benjamin Horowitz)
private investors (Daniel Gilbert)
Proceeds Purpose
Genius (nee RapGenius) also plans to use the funding on hiring--especially engineers, designers and "community leaders" who can entice new users and build hype online around hot topics and posts being discussed within the Genius platform. The company plans to begin "revenue-generating experiments," in the fourth quarter of 2014.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1625 North Market Blvd. N 112
Sacramento, NY 95834
USA
Sacramento, NY 95834
USA
Phone
Website
Email Address
Not Recorded
Overview
What began as a website for decoding rap lyrics and evolved into the Internet s most comprehensive database of musical knowledge has now become a platform for adding your thoughts and commentary to any page on the Internet simply add genius.com/ to the front of any URL to make that page annotatable.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Tom Lehman
Co-Founder
Mahbod Moghadam
Co-Founder
Ilan Zechory
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