UCSD Students via TRITON FUNDS invest $1,000,000 in DigitalTown, Inc.

Funding Rounds

Summary

DigitalTown CEO, Rob Monster, commented, “Momentum is building for the global adoption of our blockchain-based platform for empowering thriving local economies built on the decentralized Internet.UCSD students and TRITON FUNDS have not only the prospect of financial return but, more importantly, the opportunity to make a real difference for the millennial generation of digital natives that are poised to unleash their true productive potential on the world.”The company’s innovative search technology is branded in the identity of each city and creates discoverable online communities on web and mobile where residents and visitors take part in local economic success.In addition to fast-paced internal development, the company has completed 7 acquisitions over the last 30 months in order to accelerate time to market for the integrated local-first platform called DigitalTown.TRITON FUNDS creates an ecosystem that assists talented entrepreneurs in successfully growing their ideas and maintaining strong community ethical standards.

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Amount - Total raised
Date - Announcement date
Investors Notified Lead investors
Company - Funded company

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industries
Government, Public sector
applications
Web and Content Management

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$5M to $10M