Tech Company Financing Transactions
Textile Funding Round
Textile secured a $1.5 million Seed funding round on 7/12/2019. Backers included BlueYard Capital, Coinbase Ventures and Collaborative Fund.
Transaction Overview
Company Name
Announced On
7/12/2019
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Seed
Investors
Proceeds Purpose
The funds will accelerate the business in three key areas: launch interoperable data connectors that will allow multiple, user-controlled applications to build and augment shared datasets for the user, accelerate the development of its core services for user data storage, user identity, authentication, and real-time data synchronization, and support the integration of Textile into 3rd party applications through both grants and engineering support.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Sunnyvale, CA 94086
USA
Sunnyvale, CA 94086
USA
Phone
Undisclosed
Website
Email Address
Overview
Textile is building new digital experiences by focusing on user privacy, transparency, and decentralization.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Hill
Chief Technical Officer
Sander Pick
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