Tech Company Financing Transactions
Loop Commerce Funding Round
On 12/11/2013, Loop Commerce raised $5 million in financing from PayPal.
Transaction Overview
Company Name
Announced On
12/11/2013
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
PayPal (Don Kingsborough)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
611 Santa Cruz Avenue
Menlo Park, CA 94025
USA
Menlo Park, CA 94025
USA
Phone
Website
Email Address
Overview
Loop was born from a feeling of frustration with the online gift-buying experience. While trying to buy meaningful gifts for our families and friends, we realized that something major was broken: online stores simply weren't designed for shopping for someone else.
Management Team
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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