Tech Company Financing Transactions
Klip Funding Round
On 11/18/2011, Klip secured $8 million in Series B funding from Benchmark Capital, Matrix Partners and private investors.
Transaction Overview
Company Name
Announced On
11/18/2011
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series B
Investors
Proceeds Purpose
The new funding will be used towards future product development, especially in driving technology on 'user experience side and cloud side.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
1247 Cowper St.
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Undisclosed
Website
Email Address
Overview
Klip's newly launched free app allows users to capture, share, discover and view mobile videos. While many mobile video apps focus on the capture, editing and sharing of videos, Klip's focus is on the discovery and providing the highest quality video streaming around for mobile device.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Alain Rossmann
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