Oblong Industries Garners $65,000,000 New Funding

  • Feed Type
  • Date
    10/19/2016
  • Company Name
    Oblong Industries
  • Mailing Address
    923 E. Third St. Los Angeles, CA 90013 USA
  • Company Description
    A Mezzanine workspace lets any person on a network share content and applications with any colleague, anywhere in the world, interactively. Mezzanine is a turnkey appliance which combines presentation design and delivery, application sharing, whiteboard capture, and video conferencing, all within a framework of multi-participant control.
  • Website
    http://www.oblong.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $65,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The investment will allow Oblong to accelerate product development, launch market-redefining innovations faster, and ramp an aggressive strategy of expansion into new territories.
  • M&A Terms
  • Venture Investor
    Greenspring Global Partners
  • Venture Investor
    Industry Ventures
  • Venture Investor
    Foundry Group
  • Venture Investor
    Morgan Stanley Expansion Capital
  • Venture Investor
    UTIMCO

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