Jemstep Receives $4,500,000 Series A Financing Round

  • Feed Type
  • Date
    10/3/2013
  • Company Name
    Jemstep
  • Mailing Address
    5150 El Camino Real Los Altos, CA 94022
  • Company Description
    Jemstep was founded in 2008 by CEO Michael Blumenthal, who brought to this new venture years of experience as a stockbroker, entrepreneur, and corporate executive. But it was Michael’s experience as an investor that informed his vision for Jemstep.
  • Website
    http://www.jemstep.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    This brings total funds raised to $15 million which will be used to expand distribution, enhance the service, and make key new hires.
  • M&A Terms
  • Venture Investor
    Caleo Capital
  • Venture Investor
    Undisclosed

By posting a comment, you agree to our terms and conditions.