Wrap Media Obtains $12,700,000 Series B Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=06227e31-a946-4816-8f23-c800f22689a9
Date
9/4/2015
Company Name
Wrap Media
Mailing Address
Undisclosed San Francisco, CA 94108 USA
Company Description
Founded in 2014 by entrepreneur Eric Greenberg, Wrap is a mobile-first storytelling and commerce platform that delivers app-like user experiences in bite-sized pieces through the mobile web.
Website
http://www.wrap.co
Transaction Type
Venture Equity
Transaction Amount
$12,700,000
Transaction Round
Series B
Proceeds Purposes
With this new round of funding, we’ll be able to optimize our product features, grow the team and expand our go-to market strategy.
M&A Terms
Venture Investor
Raine Ventures
Venture Investor
Undisclosed