Tech Company Financing Transactions
News Break Funding Round
Francisco Partners and private investors participated in a $115 million Series C capital raise for News Break. The funding round was announced on 1/8/2021.
Transaction Overview
Company Name
Announced On
1/8/2021
Transaction Type
Venture Equity
Amount
$115,000,000
Round
Series C
Investors
Francisco Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to increase its investments in the local-content ecosystem -- both in the United States, and internationally, and expand its leadership, business, product, and engineering teams.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
800 West El Camino Real 100
Mountain View, CA 94040
USA
Mountain View, CA 94040
USA
Phone
Website
Email Address
Not Recorded
Overview
News Break is the Nation's #1 Intelligent Local News Platform. We connect and empower local users, local content creators, and local businesses at scale, helping people everywhere live safer, more vibrant, more truly connected lives.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeffrey Zheng
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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