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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=60dcc4c3-6d7b-4728-8611-3f7ae59bd54a&Preview=1
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Date
7/27/2011
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Company Name
Strava
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Mailing Address
Undisclosed San Francisco, CA 94123
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Company Description
The company provides an online service that tracks and gives in-depth feedback and analytics for GPS tracked exercise.
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Website
http://www.strava.com
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Transaction Type
Venture Equity
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Transaction Amount
$12,600,000
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Transaction Round
Series B
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Proceeds Purposes
The company will use the funding to extend to other sports beyond cycling and two expand to mobile platforms.
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M&A Terms
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Venture Investor
Madrone Capital Partners
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Venture Investor
Sigma Partners