Phaze Secures $8.75 Million In Seed Funding Led By Andreessen Horowitz
Building Size
—
Asset Type
—
Closing
Nov 2, 2026
About this deal
AI
Utah-based Phaze raised $8.75 million in a seed funding round led by Andreessen Horowitz. Other participants in the round included Indie, NextView Ventures, Lerer Hippeau, and Makers Fund.
Summary of transaction details:
- Deal Type: Seed
- Transaction Amount: $8,750,000
- Company Name: Phaze
- Founders: Benjy Boxer & Chris Dickson
- Headquarters: Utah
- Notable Investors: Andreessen Horowitz, Indie, NextView Ventures, Lerer Hippeau & Makers Fund
Phaze provides high-performance remote desktops tailored for employees engaged in fields like 3D, design, and software development, aiming to create an experience akin to local machines. Founders Benjy Boxer and Chris Dickson previously established Parsec, a high-performance remote access company acquired by Unity in 2021. The name Phaze is inspired by Piers Anthony's Apprentice Adept novels, reflecting the duality of living in two worlds.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Raise transactions
Loading comparables…
Deal FAQ
Browse this market sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93