Tech Company Financing Transactions
Yik Yak Funding Round
On 6/30/2014, Yik Yak announced $11.5 million in Series A funding from DCM Ventures, Azure Capital Partners and private investors.
Transaction Overview
Company Name
Announced On
6/30/2014
Transaction Type
Venture Equity
Amount
$11,503,348
Round
Series A
Investors
DCM Ventures (Lead Investor) (David Chao)
private investors (Timothy Draper)
Proceeds Purpose
The Series A influx of capital will be used to build out infrastructure, hire new engineers, and bring the app to virtually all U.S. college campuses by the end of the year. The funding will also enable international expansion of Yik Yak communities.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
15 Old Vermont Place
Atlanta, GA 30328
USA
Atlanta, GA 30328
USA
Phone
Website
Email Address
Not Recorded
Overview
Yik Yak acts like a local bulletin board for your area by showing the most recent posts from other users around you. It allows anyone to connect and share information with others without having to know them.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Brooks Buffington
Co-Founder
Tyler Droll
Browse more venture capital transactions:
Prev: 6/30/2014: Tapclicks venture capital transaction
Next: 6/30/2014: Cidara Therapeutics venture capital transaction
Share this article
News on VC Transactions
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs