Klip Lands $8,000,000 Series B Round

  • Feed Type
  • Date
    11/18/2011
  • Company Name
    Klip
  • Mailing Address
    Undisclosed Palo Alto, CA 94301
  • Company Description
    Klip’s newly launched free app allows users to capture, share, discover and view mobile videos. While many mobile video apps focus on the capture, editing and sharing of videos, Klip’s focus is on the discovery and providing the highest quality video streaming around for mobile device.
  • Website
    http://www.klip.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The new funding will be used towards future product development, especially in driving technology on ‘user experience side and cloud side.
  • M&A Terms
  • Venture Investor
    Benchmark Capital
  • Venture Investor
    Matrix Partners
  • Venture Investor
    Undisclosed