Tech Company Financing Transactions
Qpoint Funding Round
Qpoint, based in Windermere, secured $4 million from Mango Capital, Bloomberg Beta and Preface Ventures.
Transaction Overview
Company Name
Announced On
10/22/2024
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors
Proceeds Purpose
The funds will be used to further product development and meet rising demand.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
12855 Butler Bay City
Windermere, FL 34786
USA
Windermere, FL 34786
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
The rise of cloud-based infrastructure and services has fundamentally changed how modern applications are built and deployed. Gone are the days of self-contained monolithic architectures, where every dependency was within your corporate network. Today, developers rely on a wide range of external APIs and services to deliver essential features and accelerate business outcomes. This shift to a highly connected and dynamic architecture has brought new challenges for operators, such as unpredictable outages, security risks, and complex troubleshooting.
Management Team
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We do our best to report on tech company VC transactions. All VC database entries reported here 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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