Tech Company Financing Transactions
Mutable Funding Round
Fly Ventures, Lunar Ventures and Acequia Capital joined a $1.5 million Seed funding round for Mutable. The financing round closed on 4/1/2020.
Transaction Overview
Company Name
Announced On
4/1/2020
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Seed
Investors
Proceeds Purpose
The funds will be used to further develop Mutable's Public Edge Cloud, add staff to their product and business development teams and expand the company's reach into new markets and regions as edge computing continues to grow.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
102 Commerce St.
Brooklyn, NY 11231
USA
Brooklyn, NY 11231
USA
Phone
Website
Email Address
Overview
Mutable is creating a public edge cloud that delivers faster internet and better quality of service for customers by acting as an Airbnb for servers. Mutable works with operators to turn their edge into a competitive advantage against hyper scalers by reducing latency, boosting security and increasing bandwidth for their assets while securing new revenue streams.
Management Team
Title
Name
Email & Social
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We do our best to document every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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