Bitly Obtains $15,000,000 New Financing
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Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=943fef4d-2d90-4ccc-9530-978769113a52&Preview=1 -
Date
7/10/2012 -
Company Name
Bitly -
Mailing Address
416 West 13th St. New York, NY 10014 -
Company Description
bit.ly is a utility that allows users to shorten, share, and track links (URLs). You can share a shortened link from the website, our mobile site (m.bit.ly) and bookmarklets. -
Website
http://bit.ly -
Transaction Type
Venture Equity -
Transaction Amount
$15,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The company will use the financing to grow its team and expand its social Web product lineup. -
M&A Terms
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Venture Investor
Khosla Ventures -
Venture Investor
RRE Ventures -
Venture Investor
O’Reilly AlphaTech Ventures
