Tech Company Financing Transactions
Reach Funding Round
On 6/2/2021, Reach raised $12 million in funding from private investors.
Transaction Overview
Company Name
Announced On
6/2/2021
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to continue to accelerate developer onboarding, hiring across development and product teams to build additional features into the platform,, enhancement of the platform's knowledge base and expansion of its presence in academia by developing university-level curricula and online self-paced courses.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Boston, MA 02210
USA
Boston, MA 02210
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Reach will enable tens of millions of developers to participate in the blockchain community, rather than only the thousands that participate today, by drastically lowering the barrier to entry into blockchain and drastically raising the productivity of DApp developers. A Decentralized Application that used to take months to develop will be able to be completed in weeks.
Management Team
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We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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