Tech Company Financing Transactions
Uploadcare Funding Round
Uploadcare, based in Wilmington, secured $1.7 million in funding from Runa Capital, Vendep Capital and LVL1.
Transaction Overview
Company Name
Announced On
11/13/2019
Transaction Type
Venture Equity
Amount
$1,700,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds for the acquisition of Blinkloader, a content optimization platform that speeds up content delivery and allows developers to comply with new web performance and industry-specific privacy requirements.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
2711 Centerville Rd. 400
Wilmington, DE 19808
USA
Wilmington, DE 19808
USA
Phone
Undisclosed
Website
Email Address
Overview
File handling is a major source of frustration for developers, since most of the tools available are outdated, and they constantly have to re-invent the way their file systems work. Also, people are limited to a few sources of files; the uploading takes a long time and is rather unstable, often requiring the user to repeat his actions.
Management Team
Title
Name
Email & Social
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We do our best to record all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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