Tech Company Financing Transactions

SolidFire Funding Round

On 2/2/2011, SolidFire landed $11 million in Series A financing from New Enterprise Associates, Novak Biddle Venture Partners and Valhalla Partners.

Transaction Overview

Company Name
Announced On
2/2/2011
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series A
Investors

New Enterprise Associates (Lead Investor) (Harry Weller)

Novak Biddle Venture Partners (Philip Bronner)

Valhalla Partners (Charles Curran)

Proceeds Purpose
The funding, which follows a $1 million seed round, will be used to expand the company in preparation for launch later this year. As part of this expansion, SolidFire has opened an office in Boulder, Colorado and will be hiring for engineering, marketing, and sales roles.

Company Information

Company Status
Acquired or Merged
Industry
Storage
Mailing Address
1620 Pearl St. 200
Boulder, CO 80302
USA
Email Address
Overview
Atlanta-based SolidFire is a next-generation storage platform for cloud computing providers and other enterprises that need scalable, reliable storage for thousands of servers. The Company's solution allows customers to take advantage of the performance of solid state storage at a price comparable to traditional spinning disk.
Profile
SolidFire LinkedIn Company Profile
Social Media
SolidFire Company Twitter Account
Company News
SolidFire News
Facebook
SolidFire on Facebook
YouTube
SolidFire on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David Wright
  David Wright LinkedIn Profile  David Wright Twitter Account  David Wright News  David Wright on Facebook
Chief Financial Officer
John Hillyard
  John Hillyard LinkedIn Profile  John Hillyard Twitter Account  John Hillyard News  John Hillyard on Facebook
Chief Marketing Officer
James Whitemore
  James Whitemore LinkedIn Profile  James Whitemore Twitter Account  James Whitemore News  James Whitemore on Facebook
President
RJ Weigel
  RJ Weigel LinkedIn Profile  RJ Weigel Twitter Account  RJ Weigel News  RJ Weigel on Facebook
VP - Engineering
Daniel Berg
  Daniel Berg LinkedIn Profile  Daniel Berg Twitter Account  Daniel Berg News  Daniel Berg on Facebook
VP - Marketing
Jay Prassl
  Jay Prassl LinkedIn Profile  Jay Prassl Twitter Account  Jay Prassl News  Jay Prassl on Facebook
VP - Product Management
Adam Carter
  Adam Carter LinkedIn Profile  Adam Carter Twitter Account  Adam Carter News  Adam Carter on Facebook
VP - Sales
Brian McCloskey
  Brian McCloskey LinkedIn Profile  Brian McCloskey Twitter Account  Brian McCloskey News  Brian McCloskey on Facebook


 

 

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