Tech Company Financing Transactions
Daily Funding Round
Daily, based in San Francisco, secured $15 million in funding from private investors, Basement Fund and Compound Ventures.
Transaction Overview
Company Name
Announced On
3/10/2021
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
With the additional funds, Daily will hire more engineers and focus on various product initiatives around call quality and reliability, expanding its global infrastructure and supporting larger calls and more hybrid use cases.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
1231 9th Ave.
San Francisco, CA 94116
USA
San Francisco, CA 94116
USA
Phone
Undisclosed
Website
Email Address
Overview
Thanks for learning more about Daily. Our goal is to build video APIs that inspire and support developers. We believe live video is changing how we all live and work -- and it should be much simpler, and faster, for developers and product teams to build creatively with video.
Management Team
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Our team works diligently to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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