Lithium Technologies Garners $53,400,000 New Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=807c880f-6c10-490f-8053-7d4a2e90d9f4&Preview=1 -
Date
1/5/2012 -
Company Name
Lithium Technologies -
Mailing Address
6121 Hollis Street Emeryville, CA 94608 -
Company Description
Lithium powers some of the largest customer communities on the Web. We deliver an unparalleled combination of technology and expertise that enables our clients to deploy innovative community solutions. -
Website
http://www.lithium.com -
Transaction Type
Venture Equity -
Transaction Amount
$53,400,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Lithium plans to use funds from this Series D funding round to substantially increase its sales and marketing investments across new and existing geographies, aggressively grow its digital agency ecosystem and significantly increase ongoing investment in engineering, new product development and service delivery for existing customers. -
M&A Terms
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Venture Investor
New Enterprise Associates -
Venture Investor
SAP Ventures -
Venture Investor
Benchmark Capital -
Venture Investor
DAG Ventures -
Venture Investor
Emergence Capital Partners -
Venture Investor
Greenspring Associates -
Venture Investor
Shasta Ventures -
Venture Investor
Tenaya Capital
