Drip Drop Obtains $2,300,000 Series A Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7eff5b6b-418b-47da-9cbc-38527fe7e687 -
Date
7/13/2013 -
Company Name
Drip Drop -
Mailing Address
220 Halleck Street San Francisco, CA 94129 -
Company Description
Headquartered in San Francisco, California, Drip Drop, Inc. develops and markets a new, patent-pending oral rehydration product for prevention, maintenance and recovery of illnesses and conditions caused by insufficient hydration. The company’s founder, Dr. Eduardo Dolhun, maintains a family practice clinic in the heart of San Francisco and also lectures at Stanford University. -
Website
http://www.dripdropors.com -
Transaction Type
Venture Equity -
Transaction Amount
$2,300,000 -
Transaction Round
Series A -
Proceeds Purposes
New funds will be used to add key personnel and scale the company’s operating infrastructure, supporting an expansion of leading hospital and pharmacy distribution. -
M&A Terms
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Venture Investor
Pacific Advantage Capital -
Venture Investor
Undisclosed
