Tech Company Financing Transactions
Deako Funding Round
Deako, based in Seattle, secured $12.5 million from AVG Ventures, Columbia Pacific Advisors and InnoLinks Ventures.
Transaction Overview
Company Name
Announced On
3/17/2021
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series B
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
4201 Roosevelt NE 100
Seattle, WA 98105
USA
Seattle, WA 98105
USA
Phone
Website
Email Address
Overview
Deako believes that everyone should be able to enjoy the wonderful experiences of smart lighting, regardless of their budget. We invented the modular light switch, giving homeowners maximum flexibility to customize and upgrade their systems, at any time, in minutes and without turning off the power. Deako's beautiful designer switches are like nothing else on the market today.
Management Team
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