Firespotter Labs Secures $15,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd6bf279-7dba-4cd3-a9bf-3ac2b46e8ffa&Preview=1
Date
7/19/2012
Company Name
Firespotter Labs
Mailing Address
Undisclosed Mountain View, CA 94039
Company Description
Ideas are sparks. Of the brightest that catch our attention, only a few can be coaxed into full-blown fires, and doing so under adverse conditions takes skill and expertise. Firespotter Labs takes the business of ideas a step further, to create perfect conditions from the very start, to turn ideas with potential into flames that revolutionize industries.
Website
http://www.firespotter.com
Transaction Type
Venture Equity
Transaction Amount
$15,000,000
Transaction Round
Series B
Proceeds Purposes
The company will use its financing to expand its engineering team and develop its telephony-based product line.
M&A Terms
Venture Investor
Andreessen Horowitz
Venture Investor
Google Ventures