Tech Company Financing Transactions
XYO Network Funding Round
Private investors participated in a $12 million capital raise for XYO Network. This venture round was announced on 5/21/2018.
Transaction Overview
Company Name
Announced On
5/21/2018
Transaction Type
Venture Pre-ICO
Amount
$12,000,000
Round
Undisclosed
Investors
Proceeds Purpose
40% - XYO Network growth, marketing, partnerships. 35% - Engineering and R&D. 15% - XY Oracle Network platform operations. 5% - Overhead. 5% - Supporting important Ethereum platform projects.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
1133 Columbia St. 2nd Floor
San Diego, CA 92101
USA
San Diego, CA 92101
USA
Phone
Website
Email Address
Overview
The XYO Network (Token:XYO) has developed world-class location protocols necessary to achieve our mission of building a decentralized location network via an ecosystem of crypto-location protocols necessary for the technologies of today, and the world of tomorrow.
Management Team
Title
Name
Email & Social
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