Tech Company Financing Transactions
Socialcast Funding Round
Menlo Ventures and True Ventures joined a $8 million Series B capital raise for Socialcast. The financing round was announced on 3/31/2010.
Transaction Overview
Company Name
Announced On
3/31/2010
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series B
Investors
Proceeds Purpose
According to the company, it will be using the funding to expand engineering, marketing, sales, and customer support.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
19 South Park Street
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Website
Email Address
Overview
Since 2005, Socialcast has been a leading provider of social networking platforms and solutions for both consumer-facing clients and enterprise customers. Based in Irvine, California, Socialcast is the only SaaS provider of private self-service corporate social networking communities.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Timothy Young
VP - Marketing
Carrie Young
VP - Operations
Scott Magrath
VP - Product Management
Matt Wilkinson
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