Tech Company Financing Transactions

Loopt Funding Round

On 7/20/2007, Loopt raised $8.3 million in Series B funding from New Enterprise Associates and Sequoia Capital.

Transaction Overview

Company Name
Announced On
7/20/2007
Transaction Type
Venture Equity
Amount
$8,250,000
Round
Series B
Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
590 W. El Camino Real
Mountain View, CA 94040
USA
Phone
Undisclosed
Email Address
Overview
Loopt is a Palo Alto-based startup that has built a revolutionary social mapping service to change the way people use mobile phones to keep in touch with their friends.
Profile
Loopt LinkedIn Company Profile
Social Media
Loopt Company Twitter Account
Company News
Loopt News
Facebook
Loopt on Facebook
YouTube
Loopt on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sam Altman
  Sam Altman LinkedIn Profile  Sam Altman Twitter Account  Sam Altman News  Sam Altman on Facebook
Chief Operating Officer
Brian Knapp
  Brian Knapp LinkedIn Profile  Brian Knapp Twitter Account  Brian Knapp News  Brian Knapp on Facebook
Chief Technical Officer
Nick Sivo
  Nick Sivo LinkedIn Profile  Nick Sivo Twitter Account  Nick Sivo News  Nick Sivo on Facebook
Co-Founder
Alok Deshpande
  Alok Deshpande LinkedIn Profile  Alok Deshpande Twitter Account  Alok Deshpande News  Alok Deshpande on Facebook
President
Steve Boom
  Steve Boom LinkedIn Profile  Steve Boom Twitter Account  Steve Boom News  Steve Boom on Facebook
VP - Bus. Development
Brian Knapp
  Brian Knapp LinkedIn Profile  Brian Knapp Twitter Account  Brian Knapp News  Brian Knapp on Facebook
VP - Marketing
Susan Doherty
  Susan Doherty LinkedIn Profile  Susan Doherty Twitter Account  Susan Doherty News  Susan Doherty on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/20/2007: Skydeck venture capital transaction
Next: 7/23/2007: Ztar Mobile venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary