Tech Company Financing Transactions
Serious.com Funding Round
Serious.com, based in New York, received $7 million from Hercules Technology Growth Capital.
Transaction Overview
Company Name
Announced On
8/15/2007
Transaction Type
Debt
Amount
$7,000,000
Round
Undisclosed
Investors
Hercules Technology Growth Capital (Roy Liu)
Proceeds Purpose
"The venture debt financing from Hercules will allow us to further grow our sales and marketing efforts," explained David Brown, president and chief executive officer of Serious. "This financing will allow Serious to continue to serve its global brand companies as they expand their relationships with Serious. As a result, we expect to see more rapid growth and continued product development."
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
495 Bdwy. 4th Floor
New York, NY 10012
USA
New York, NY 10012
USA
Phone
Website
Email Address
Overview
Serious is an innovative media publishing and technology company, focused on the design, development and distribution of CD-Cardz(TM) and DVD-Cardz(TM) for the digital delivery of consumer and business content.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC transactions reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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