Tech Company Financing Transactions
Local Motion Funding Round
Local Motion, based in San Mateo, secured $6 million in investment from Andreessen Horowitz and private investors.
Transaction Overview
Company Name
Announced On
8/28/2013
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors
Andreessen Horowitz (Lead Investor) (Steven Sinofsky)
Proceeds Purpose
The company will use the funding to expand its operations in the US and France.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
15 North Ellsworth Avenue 100
San Mateo, CA 94401
USA
San Mateo, CA 94401
USA
Phone
Website
Email Address
Overview
Local Motion is the first company to graduate from the Lemnos Labs hardware incubator program. The startup manufactures a module that can be installed in any vehicle to make it more shareable.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Stanfield
Co-Founder
Clément Gires
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Where The Data Comes From
We do our best to record tech company VC transactions. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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