Tech Company Financing Transactions
Posterous Funding Round
Posterous, based in San Francisco, secured $4.4 million from Founder Collective, Redpoint Ventures and Trinity Ventures.
Transaction Overview
Company Name
Announced On
3/5/2010
Transaction Type
Venture Equity
Amount
$4,400,000
Round
Undisclosed
Proceeds Purpose
The cash--which brings the company's total funding on par with that of arch-rival Tumblr--will be used to fund expansion.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
555 4th St 746
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Website
Email Address
Overview
Posterous is the dead simple way to put anything online using email. We launched in July 2008 and we've been steadily growing and adding features.
Management Team
Title
Name
Email & Social
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Our team works diligently to report on all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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