Tech Company Financing Transactions
newScale Funding Round
newScale secured a $8 million financing round on 3/31/2006. Investors included Chesapeake Emerging Opportunities Club, Crosslink Capital and Greenspring Global Partners.
Transaction Overview
Company Name
Announced On
3/31/2006
Transaction Type
Venture Equity
Amount
$7,950,200
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
2215 Bridgepointe Parkway 500
San Mateo, CA 94404
USA
San Mateo, CA 94404
USA
Phone
Website
Email Address
Overview
newScale is the leader in IT Service Portfolio Management and Service Catalog software solutions, with more than one million users worldwide.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 3/31/2006: Valere Power venture capital transaction
Next: 3/31/2006: OQO venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs