Tech Company Financing Transactions
Fitnet Funding Round
Fitnet closed a $1.4 million funding round on 4/15/2014. Investors included CIT GAP Fund and Valley Ventures.
Transaction Overview
Company Name
Announced On
4/15/2014
Transaction Type
Venture Equity
Amount
$1,400,000
Round
Undisclosed
Investors
CIT GAP Fund (Peter Jobse)
Proceeds Purpose
This financing provides capital expand the capabilities of the Fitnet app and increase workouts available.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
432 North Main St. 201
Blacksburg, CA 24060
USA
Blacksburg, CA 24060
USA
Phone
Undisclosed
Website
Email Address
Overview
Achieving fitness goals requires peers and a place to meet. An online studio for anytime and anywhere fitness with peer groups for a better life. Motivation is driven by three key features: content, social interaction and tracking data.
Management Team
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Our team works diligently to document tech company VC transactions. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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