Tech Company Financing Transactions
Ripple Funding Round
On 12/21/2019, Ripple raised $200 million in Series C investment from Tetragon, Route 66 Ventures and SBI Holding.
Transaction Overview
Company Name
Announced On
12/21/2019
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to expand operations, the adoption of its technology and of the digital asset XRP and the XRP Ledger, and of Xpring.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
268 Bush St. 2724
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Undisclosed
Website
Email Address
Overview
Ripple is committed to a simple, global, and open currency and payment system. The team developed the Ripple protocol and its distributed payment network, and now works to support and promote its growth.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brad Garlinghouse
Chief Technical Officer
David Schwartz
VP - Marketing
Monica Long
VP - Product Management
Asheesh Birla
Browse more venture capital transactions:
Prev: 12/21/2019: Coral venture capital transaction
Next: 12/21/2019: Xilis venture capital transaction
Share this article
About Database of VC Transactions
We record tech company VC transactions. VC transactions on this site are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs