Tech Company Financing Transactions
Orchid Labs Funding Round
Private investors participated in a $36.1 million capital raise for Orchid Labs. The round was recorded on 4/23/2018.
Transaction Overview
Company Name
Announced On
4/23/2018
Transaction Type
Venture Pre-ICO
Amount
$36,128,073
Round
Undisclosed
Investors
Proceeds Purpose
Sale and issuance of rights to receive tokens in the future via a Simple Agreement for Future Tokens (SAFTs).
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Overview
Orchid combines its protocol with surplus bandwidth, state-of-the art-encryption, and a decentralized infrastructure to bring users surveillance-free access to the existing Internet. Because everyone is surveilled and bandwidth is ubiquitous, Orchid users can exchange bandwidth in peer-to-peer transactions using Orchid tokens on the Ethereum blockchain.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Stephen Bell
Co-Founder
Brian Fox
Co-Founder
Jay Freeman
Co-Founder
Gustav Simonsson
Co-Founder
Steve Waterhouse
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We report on all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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