Tech Company Financing Transactions
betaworks Funding Round
betaworks secured a $20 million investment round on 3/11/2010. Backers included RRE Ventures, DFJ Growth and Intel Capital.
Transaction Overview
Company Name
Announced On
3/11/2010
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Borthwick explains that the company will use the new funds to do two things: be more aggressive in investing in more startups while at the same time, do follow-on investments as their companies scale up.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
29 Little West 12th St. 203
New York, NY 10014
USA
New York, NY 10014
USA
Phone
Website
Email Address
Overview
Betaworks is a start-up studio based in New York that make essential products that thoughtfully combine art and science.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Kenneth Lerer
Chief Executive Officer
John Borthwick
Chief Financial Officer
Josh Auerbach
VP - Bus. Development
Sam Mandel
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Prev: 3/11/2010: UpWind Solutions venture capital transaction
Next: 3/12/2010: Sonos venture capital transaction
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Where The Data Comes From
Our team works diligently to document funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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