Banjo Obtains $16,000,000 Series B Round

  • Feed Type
  • Date
    3/13/2014
  • Company Name
    Banjo
  • Mailing Address
    806 Winslow Street Redwood City, CA 94063
  • Company Description
    Banjo founder Damien Patton was in the Boston airport waiting for a flight to Vegas. A buddy he hadn’t seen in years was waiting for a different flight just one gate over. Damien tweeted. His friend checked in. Both posted about their locations, yet they missed connecting simply because they were using different social networks.
  • Website
    http://www.ban.jo
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The investment will be used to accelerate ambitious growth plans by recruiting top talent, expanding the global user base and enhancing the enterprise platform for media partnerships.
  • M&A Terms
  • Venture Investor
    Balderton Capital
  • Venture Investor
    BlueRun Ventures
  • Venture Investor
    Vegas TechFund