Tech Company Financing Transactions
Jet.com Funding Round
On 9/16/2014, Jet.com secured $25 million in funding from Silicon Valley Bank and Western Technology Investment.
Transaction Overview
Company Name
Announced On
9/16/2014
Transaction Type
Debt
Amount
$25,000,000
Round
Undisclosed
Proceeds Purpose
Jet.com, based in Montclair, N.J., is set to launch early next year and will be limited to sales in the U.S. It has about 60 employees, including many from Quidsi.
Company Information
Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
353 Bloomfield Avenue
Montclair, NJ 07042
USA
Montclair, NJ 07042
USA
Phone
Website
Email Address
Not Recorded
Overview
At Jet we make use of the latest advancements in technology to create a new shopping experience that empowers customers like never before. Jet brings unprecedented transparency and efficiencies to the overall e-commerce market, and as a result, transforms the customer experience in a way that, until now, has not been possible.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Marc Lore
Chief Technical Officer
Mike Hanrahan
VP - General Counsel
Andrew Gasper
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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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