Tech Company Financing Transactions
Peloton Technology Funding Round
Peloton Technology, based in Mountain View, secured investment capital from NGP.
Transaction Overview
Company Name
Announced On
7/23/2015
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
NGP (Paul Asel)
Proceeds Purpose
The investment will accelerate Peloton's development and deployment of truck platooning technology into the U.S. and international trucking industries.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1060 La Avenida St.
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Website
Email Address
Overview
Peloton Technology Inc. was founded in 2011 by a team of Silicon Valley entrepreneurs to address major pain points of today's trucking fleets -- accidents and fuel costs.
Management Team
Title
Name
Email & Social
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We do our best to document all VC transactions involving tech companies. VC investment data records reported here come from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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