Palaran Overview
- Founded
-
2009
- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
Palaran General Information
Description
Creator of marketing application for online businesses. The company operates a platform with a gallery of e-commerce-related apps, and also creates applications to build brand awareness, enhance distribution and improve site sales.
Contact Information
Website
www.lexity.com
Formerly Known As
Vurve
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Media and Information Services (B2B)
Acquirer
Primary Office
- 280 Hope Street
- Floor Two
- Mountain View, CA 94041
- United States
Palaran Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 01-Aug-2013 | 00.000 | Completed | Generating Revenue/Not Profitable | ||
| 2. Early Stage VC (Series AA) | 01-Mar-2011 | 00.00 | 00.000 | 000.00 | Completed | Product Development |
| 1. Early Stage VC (Series A) | 14-Oct-2009 | $1.17M | $1.17M | 000.00 | Completed | Product Development |
Palaran Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series AA | 0,000,000 | 00.000000 | 00.00 | 00.0 | 00.0 | 00 | 00.0 | 0.000 |
| Series A | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Class F Common | 20,000,000 | $0.000100 | ||||||
| Class A Common | 70,000,000 | $0.000100 |
Palaran Former Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| 500 Global | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Ashvin Patel | Angel (individual) | Minority | 000 0000 | 000000 0 | |
| David McClure | Angel (individual) | Minority | 000 0000 | 000000 0 | |
| Esther Dyson | Angel (individual) | Minority | 000 0000 | 000000 0 | |
| Joshua Schachter | Angel (individual) | Minority | 000 0000 | 000000 0 |