PubNub Obtains $11,000,000 Series B Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7117326e-df4c-4ba4-af06-a3221d816ee3
Date
9/17/2013
Company Name
PubNub
Mailing Address
1045 17th St. San Francisco, CA 94107
Company Description
PubNub is a blazingly fast cloud-hosted messaging service for building real-time web and mobile apps. Hundreds of apps and thousands of developers rely on PubNub for delivering “human-perceptive” real-time experiences that scale to millions of users worldwide.
Website
http://www.pubnub.com
Transaction Type
Venture Equity
Transaction Amount
$11,000,000
Transaction Round
Series B
Proceeds Purposes
The company will use the investment to expand worldwide sales and marketing to meet rapidly increasing demand.
M&A Terms
Venture Investor
Scale Venture Partners
Venture Investor
Relay Ventures
Venture Investor
TiE Angels