Tech Company Financing Transactions
Lightricks Funding Round
ClalTech, Goldman Sachs and Insight Venture Partners joined a $135 million Series C capital raise for Lightricks. The financing round was announced on 8/1/2019.
Transaction Overview
Company Name
Announced On
8/1/2019
Transaction Type
Venture Equity
Amount
$135,000,000
Round
Series C
Proceeds Purpose
The new funding will be used to create more tools.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
Professor Racah St. Building 5.4
Jerusalem, 9190401
Israel
Jerusalem, 9190401
Israel
Phone
Undisclosed
Website
Email Address
Overview
Lightricks was founded by four PhD students and one Supreme Court clerk. One day, after a late night of working towards SIGGRAPH deadline, Yaron (future CTO) said to Zeev (future CEO): You know, if we invested all this hard work and time into an actual product, we could be millionaires by now. The seed was planted and Lightricks was born a few months later, in 2013.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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