Betaworks Studio Receives $20,000,000 New Financing Round

  • Feed Type
  • Date
    3/11/2010
  • Company Name
    Betaworks Studio
  • Mailing Address
    416 W 13th New York, NY 10014
  • Company Description
    The company builds light Web applications.
  • Website
    http://betaworks.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Borthwick explains that the company will use the new funds to do two things: be more aggressive in investing in more startups while at the same time, do follow-on investments as their companies scale up.
  • M&A Terms
  • Venture Investor
    Intel Capital
  • Venture Investor
    RRE Ventures
  • Venture Investor
    SoftBank Capital
  • Venture Investor
    DFJ Growth Fund
  • Venture Investor
    New York Times Company

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