Tech Company Financing Transactions

PaperKarma Funding Round

PaperKarma, based in Bellevue, received $41 million from August Capital, Bessemer Venture Partners and Floodgate Fund.

Transaction Overview

Company Name
Announced On
7/19/2011
Transaction Type
Venture Equity
Amount
$41,000,000
Round
Series D
Investors

August Capital (Lead Investor) (Howard Hartenbaum)

Bessemer Venture Partners (David Cowan)

Floodgate Fund (Michael Maples)

Kleiner Perkins Caufield & Byers (Theodore Schlein)

Rally Ventures (Nick Sturiale)

Proceeds Purpose
The company will use this funding to grow the size of the company and the scope of its unique, technical solutions.

Company Information

Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
640 W Lake Samm Pkwy NE
Bellevue, WA 98008
USA
Phone
Undisclosed
Email Address
Overview
PaperKarma is a product of Readabl, Inc. The company was started by two guys in Seattle who detest unsolicited paper mail. Our mission is to help you take control of your home or business mailbox and to receive what and only what you want.
Profile
PaperKarma LinkedIn Company Profile
Social Media
PaperKarma Company Twitter Account
Company News
PaperKarma News
Facebook
PaperKarma on Facebook
YouTube
PaperKarma on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Sean Mortazavi
  Sean Mortazavi LinkedIn Profile  Sean Mortazavi Twitter Account  Sean Mortazavi News  Sean Mortazavi on Facebook
Co-Founder
Brendan Ribera
  Brendan Ribera LinkedIn Profile  Brendan Ribera Twitter Account  Brendan Ribera News  Brendan Ribera on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/19/2011: Affectiva venture capital transaction
Next: 7/19/2011: Domain Holdings venture capital transaction

 

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Where The Data Comes From

We do our best to report on every notable VC transaction. 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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