(This post originally appeared on xconomy.com.)
Tray.io Secures $5,000,000 Series A Financing
- Company Name: Tray.io
- Mailing Address: 1161 Mission Street San Francisco, CA 94103 USA
- Company Description: Tray.io offers a platform that makes it easy for anyone to build and share SaaS integrations. Currently integration solutions are divided into two parts, simple point to point data migration services (easy to setup, very restrictive), and enterprise platforms (resource heavy, expensive and platform specific).
- Website: https://tray.io
- Transaction Type: Venture Equity
- Transaction Amount: $5,000,000
- Transaction Round: Series A
- Proceeds Purposes: They spend huge amounts of time and money manually transferring data between services and are, once again, hamstrung by a lack of developer resources.
- M&A Terms:
- Venture Investor: Mosaic Ventures
- Venture Investor: True Ventures