Tech Company Financing Transactions

newScale Funding Round

newScale secured a $15 million Series C financing round on 3/29/2005. Investors included Chesapeake Emerging Opportunities Club, Crosslink Capital and Greenspring Global Partners.

Transaction Overview

Company Name
Announced On
3/29/2005
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series C
Proceeds Purpose
This new funding allows newScale to accelerate its momentum in this rapidly growing market by increasing our software development, professional services, and channel partners organizations.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
2215 Bridgepointe Parkway 500
San Mateo, CA 94404
USA
Email Address
Overview
newScale is the leader in IT Service Portfolio Management and Service Catalog software solutions, with more than one million users worldwide.
Profile
newScale LinkedIn Company Profile
Social Media
newScale Company Twitter Account
Company News
newScale News
Facebook
newScale on Facebook
YouTube
newScale on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Scott Hammond
  Scott Hammond LinkedIn Profile  Scott Hammond Twitter Account  Scott Hammond News  Scott Hammond on Facebook
Chief Financial Officer
Philip Connolly
  Philip Connolly  LinkedIn Profile  Philip Connolly  Twitter Account  Philip Connolly  News  Philip Connolly  on Facebook
Chief Technical Officer
Rodrigo Flores
  Rodrigo Flores LinkedIn Profile  Rodrigo Flores Twitter Account  Rodrigo Flores News  Rodrigo Flores on Facebook
Vice President
Bill Fine
  Bill  Fine LinkedIn Profile  Bill  Fine Twitter Account  Bill  Fine News  Bill  Fine on Facebook
Vice President
Mark McKenzie
  Mark  McKenzie LinkedIn Profile  Mark  McKenzie Twitter Account  Mark  McKenzie News  Mark  McKenzie on Facebook
VP - Engineering
Andrew Tahvildary
  Andrew  Tahvildary LinkedIn Profile  Andrew  Tahvildary Twitter Account  Andrew  Tahvildary News  Andrew  Tahvildary on Facebook
VP - Marketing
Mark Hamilton
  Mark  Hamilton LinkedIn Profile  Mark  Hamilton Twitter Account  Mark  Hamilton News  Mark  Hamilton on Facebook
VP - Sales
David Satterwhite
  David  Satterwhite LinkedIn Profile  David  Satterwhite Twitter Account  David  Satterwhite News  David  Satterwhite on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/29/2005: Cast Iron Systems venture capital transaction
Next: 3/29/2005: SiliconStor venture capital transaction

 

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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.

 


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