Tech Company Financing Transactions
Modo Labs Funding Round
Modo Labs, operating out of Cambridge, raised $4 million from New Magellan Ventures and Storm Ventures.
Transaction Overview
Company Name
Announced On
11/1/2011
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Series A
Investors
New Magellan Ventures (Richard Lawless)
Storm Ventures (Tae Nahm)
Proceeds Purpose
The company will use part of proceeds to aggressively hire software developers.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
100 Cambridgepark Dr. 200
Cambridge, MA 02140
USA
Cambridge, MA 02140
USA
Phone
Website
Email Address
Overview
We began as a band of colleagues at MIT, united by a shared belief that mobile technologies will improve the world in unprecedented ways. We've assembled a team of experts in mobile technology and user experience. Our mission is to empower organizations to build, maintain and evolve smart mobile solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Stewart Elliot
Chief Technical Officer
Andrew Yu
VP - Engineering
Peter Akins
VP - Engineering
Eric Kim
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We do our best to document every notable VC transaction. VC investment data records on this site are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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