Tech Company Financing Transactions
Sitemate Funding Round
Sitemate, based in Sydney, NSW, raised $18 million from Blackbird Ventures Australia, Marbruck and Shearwater Capital.
Transaction Overview
Company Name
Announced On
12/24/2024
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series A
Investors
Proceeds Purpose
The company plans to use the funds to double down on product and engineering across its platforms and products, as well as expanding its go-to-market presence and customer base across the world.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1 Buckingham Street, Surry Hills
Sydney, NSW, 2010
Australia
Sydney, NSW, 2010
Australia
Phone
Website
Email Address
Overview
Sitemate's journey began when Hartley Pike found himself spending nearly half of his working week as a field engineer doing mindless manual paperwork. Even though his projects were using cloud based document control products, he believed that the built world had solved it's file sharing problem, but that it now had a much bigger data problem.
Management Team
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Where The Data Comes From
We do our best to document funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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