Tech Company Financing Transactions

Hangar Funding Round

Hangar closed a $6.5 million Seed venture capital round on 10/21/2016. Investors included Lux Capital and Haystack Fund.

Transaction Overview

Company Name
Announced On
10/21/2016
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Seed
Investors

Lux Capital (Lead Investor) (Bilal Zuberi)

Haystack Fund

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Robotics
Mailing Address
110 Wild Basin Rd. 150
Austin, TX 78746
USA
Email Address
Overview
Hangar is a software technology company focused on harnessing the opportunity presented by the mass-adoption of drone hardware and the market demand for the data these drones can provide. Hangar integrates cutting-edge technology with existing drones to provide solutions across industries.
Profile
Hangar LinkedIn Company Profile
Social Media
Hangar Company Twitter Account
Company News
Hangar News
Facebook
Hangar on Facebook
YouTube
Hangar on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jeffrey DeCoux
  Jeffrey DeCoux LinkedIn Profile  Jeffrey DeCoux Twitter Account  Jeffrey DeCoux News  Jeffrey DeCoux on Facebook
Chief Technical Officer
James McAndrew
  James McAndrew LinkedIn Profile  James McAndrew Twitter Account  James McAndrew News  James McAndrew on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/21/2016: 4G Clinical venture capital transaction
Next: 10/21/2016: Atipica venture capital transaction

 

Share this article

 


About Database of VC Transactions

Our team works diligently to record every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary