Tech Company Financing Transactions
SurveyMonkey Funding Round
SurveyMonkey, operating out of San Mateo, secured $794 million from Bank of America, Goldman Sachs and GV.
Transaction Overview
Company Name
Announced On
1/17/2013
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$794,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The recapitalization will consist of two stages. In the first step of the transaction, existing early investors in the Company sold approximately $444 million in equity to a group of new and existing shareholders. The equity sale closed in late December. To complete the recapitalization, SurveyMonkey expects to raise an additional $350 million in debt financing. The proceeds from the debt will be used to buy shares from employees and shareholders as well as retire the Company's existing debt.
Company Information
Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
1 Curiosity Way
San Mateo, CA 94403
USA
San Mateo, CA 94403
USA
Phone
Website
Email Address
Overview
Founded in 1999, Momentive (formerly SurveyMonkey, Nasdaq: MNTV) is the world's leading provider of web-based survey solutions. Powerful, yet easy-to-use, Momentive's SurveyMonkey helps millions of people gain the insights they need to make more informed decisions. In October 2021, Zendesk announced its intention to buy Momentive but many shareholders have objected to the transaction.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Zander Lurie
VP - Bus. Development
Priyanka Carr
VP - General Counsel
Lora Blum
VP - Human Resources
Rebecca Cantieri
VP - Marketing
Timothy Maly
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We do our best to report on every notable VC transaction. VC transactions reported here are derived from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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