Iddiction Lands $3,500,000 Seed Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5a639203-a490-4ff8-8b33-4e1271190343&Preview=1 -
Date
11/3/2011 -
Company Name
Iddiction -
Mailing Address
230 S California Street Palo Alto, CA 94306 -
Company Description
Iddiction is named after a slang term to describe dependency on mobile devices — particularly iPhones and iPads. The company is looking to improve “the experience of discovering apps for the user” in a way that “benefits the user, the app developer, and the App Store.” -
Website
http://www.iddiction.com -
Transaction Type
Venture Equity -
Transaction Amount
$3,500,000 -
Transaction Round
Seed -
Proceeds Purposes
The funding will go toward additional research and development. -
M&A Terms
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Venture Investor
Comcast Ventures -
Venture Investor
Highland Capital Partners -
Venture Investor
IDG Ventures SF -
Venture Investor
Felicis Ventures -
Venture Investor
Bayview Capital -
Venture Investor
Undisclosed
