Drip Drop Obtains $2,300,000 Series A Financing
- Feed Type
- 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
- Venture Investor
Pacific Advantage Capital - Venture Investor
Undisclosed
