Gfycat Secures $10,000,000 Seed Financing

  • Feed Type
  • Date
    9/26/2016
  • Company Name
    Gfycat
  • Mailing Address
    457 Castro St. Mountain View, CA 94041 USA
  • Company Description
    Gfycat was founded in order to upgrade the GIF viewing experience to the 21st century. We all know GIFs are awesome (duh!) because they play everywhere, they are simple to view, they contain concise content, and they loop over and over and over again.
  • Website
    http://www.gfycat.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    The financing round allows Gfycat to continue to support user-created short-form content to over 75 million viewers monthly, while the open API will answer the demands of developers seeking to use the platform for new, innovative applications.
  • M&A Terms
  • Venture Investor
    Alsop Louie Partners
  • Venture Investor
    Pear
  • Venture Investor
    Investor
  • Venture Investor
    StartX
  • Venture Investor
    Undisclosed

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