Tech Company Financing Transactions

Tidelift Funding Round

Tidelift closed a $25 million Series B venture capital round on 1/8/2019. Backers included Foundry Group, General Catalyst Partners and private investors.

Transaction Overview

Company Name
Announced On
1/8/2019
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors

Foundry Group (Lead Investor) (Ryan McIntyre)

General Catalyst Partners (Lead Investor) (Larry Bohn)

private investors (Lead Investor) (Matthew Szulik)

Proceeds Purpose
Tidelift's new funding will allow it to further deepen its already extensive coverage of open source projects, while expanding to include additional open source communities.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
50 Milk St. 16th Floor
Boston, MA 02109
USA
Phone
Undisclosed
Email Address
Overview
Here's what we know. Open source software is incredible, but it's got some issues. For open source maintainers, a project can feel like a full-time job even when it isn't a labor of love, with little direct financial reward.
Profile
Tidelift LinkedIn Company Profile
Social Media
Tidelift Company Twitter Account
Company News
Tidelift News
Facebook
Tidelift on Facebook
YouTube
Tidelift on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Donald Fischer
  Donald Fischer LinkedIn Profile  Donald Fischer Twitter Account  Donald Fischer News  Donald Fischer on Facebook
Co-Founder
Jeremy Katz
  Jeremy Katz LinkedIn Profile  Jeremy Katz Twitter Account  Jeremy Katz News  Jeremy Katz on Facebook
Co-Founder
Havoc Pennington
  Havoc Pennington LinkedIn Profile  Havoc Pennington Twitter Account  Havoc Pennington News  Havoc Pennington on Facebook
Co-Founder
Luis Villa
  Luis Villa LinkedIn Profile  Luis Villa Twitter Account  Luis Villa News  Luis Villa on Facebook


 

 

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About Our Venture Capital Transactions Database

We do our best to report on all VC transactions involving tech companies. 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.

 


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