Strava Obtains $12,600,000 Series B Funding
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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 -
Date
7/27/2011 -
Company Name
Strava -
Mailing Address
Undisclosed San Francisco, CA 94123 -
Company Description
The company provides an online service that tracks and gives in-depth feedback and analytics for GPS tracked exercise. -
Website
http://www.strava.com -
Transaction Type
Venture Equity -
Transaction Amount
$12,600,000 -
Transaction Round
Series B -
Proceeds Purposes
The company will use the funding to extend to other sports beyond cycling and two expand to mobile platforms. -
M&A Terms
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Venture Investor
Madrone Capital Partners -
Venture Investor
Sigma Partners
