Coravin Secures $13,600,000 Series C Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=13b88e50-acc5-4a51-9a33-e837559e7966
Date
6/23/2015
Company Name
Coravin
Mailing Address
3 Van de Graaff Drive Burlington, MA 01803 USA
Company Description
My dream was to magically pour wine from bottles without ever pulling the cork. The remaining wine could then go back in my cellar, so that I could enjoy it again, whenever I desired.
Website
http://www.coravin.com
Transaction Type
Venture Equity
Transaction Amount
$13,600,000
Transaction Round
Series C
Proceeds Purposes
Intends to use the funds for research and development, market expansion, and penetration across consumer, retailer and distributor channels.
M&A Terms
Venture Investor
Venture Investor