Tech Company Financing Transactions
Jemstep Funding Round
Jemstep, based in Los Altos, scored $4.5 million in funding from Caleo Capital and private investors.
Transaction Overview
Company Name
Announced On
10/3/2013
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Series A
Investors
Caleo Capital (Garth Wellman)
Proceeds Purpose
This brings total funds raised to $15 million which will be used to expand distribution, enhance the service, and make key new hires.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
5150 El Camino Real C-20
Los Altos, CA 94022
USA
Los Altos, CA 94022
USA
Phone
Undisclosed
Website
Email Address
Overview
Jemstep was founded in 2008 by CEO Michael Blumenthal, who brought to this new venture years of experience as a stockbroker, entrepreneur, and corporate executive. But it was Michael's experience as an investor that informed his vision for Jemstep.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kevin Cimring
Chief Technical Officer
Matthew Rennie
Founder
Michael Blumenthal
President
Simon Roy
VP - Product Management
Mark Richards
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