Tech Company Financing Transactions
Paperspace Funding Round
Paperspace, based in Brooklyn, received $4 million in funding from Data Collective, Initialized Capital and private investors.
Transaction Overview
Company Name
Announced On
10/5/2016
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
78 South 4th St. 3
Brooklyn, NY 11249
USA
Brooklyn, NY 11249
USA
Phone
Undisclosed
Website
Email Address
Overview
Paperspace started with the idea that buying and managing computers is an unnecessarily painful and expensive process. By renting a powerful desktop in the cloud, it is finally possible to get rid of the distraction and focus on what you love to do instead.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Dillon Erb
Co-Founder
Daniel Kobran
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We report on every notable VC transaction. All VC database entries reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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