Tech Company Financing Transactions

SimpliVity Funding Round

SimpliVity closed a $58 million Series C financing round on 11/18/2013. Investors included DFJ Growth, Kleiner Perkins Caufield & Byers and Accel Partners.

Transaction Overview

Company Name
Announced On
11/18/2013
Transaction Type
Venture Equity
Amount
$58,000,000
Round
Series C
Investors

DFJ Growth (Lead Investor) (Mark Bailey)

Kleiner Perkins Caufield & Byers (Lead Investor) (Matthew Murphy)

Accel Partners (Kevin Comolli)

CRV (Bruce Sachs)

Meritech Capital Partners

Swisscom

Proceeds Purpose
SimpliVity will use the C-Round capital to support the continued hypergrowth of the company. Specifically, the company plans to significantly bolster the engineering team, allowing it to continue to deliver the features and functionality requested by existing and new customers. Additionally, SimpliVity will expand its service and support organization, and its field team in order to manage the continued worldwide adoption of the technology.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
8 Technology Drive
Westborough, MA 01581
USA
Email Address
Overview
SimpliVity is an exciting high-tech startup, developing radically new IT infrastructure technology for the modern data center and the cloud. SimpliVity is led by a team of veterans with proven track records of building successful companies, introducing innovative products, and managing large divisions of multinational corporations.
Profile
SimpliVity LinkedIn Company Profile
Social Media
SimpliVity Company Twitter Account
Company News
SimpliVity News
Facebook
SimpliVity on Facebook
YouTube
SimpliVity on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Doron Kempel
  Doron Kempel LinkedIn Profile  Doron Kempel Twitter Account  Doron Kempel News  Doron Kempel on Facebook
Chief Financial Officer
Tom Beaudoin
  Tom Beaudoin LinkedIn Profile  Tom Beaudoin Twitter Account  Tom Beaudoin News  Tom Beaudoin on Facebook
Chief Marketing Officer
Marianne Budnik
  Marianne Budnik LinkedIn Profile  Marianne Budnik Twitter Account  Marianne Budnik News  Marianne Budnik on Facebook
VP - Bus. Development
Erik Randles
  Erik Randles LinkedIn Profile  Erik Randles Twitter Account  Erik Randles News  Erik Randles on Facebook
VP - Engineering
Christian van den Branden
  Christian van den Branden LinkedIn Profile  Christian van den Branden Twitter Account  Christian van den Branden News  Christian van den Branden on Facebook
VP - Human Resources
Randi Nichols
  Randi Nichols LinkedIn Profile  Randi Nichols Twitter Account  Randi Nichols News  Randi Nichols on Facebook
VP - Manufacturing
Randy Boutin
  Randy Boutin LinkedIn Profile  Randy Boutin Twitter Account  Randy Boutin News  Randy Boutin on Facebook
VP - Operations
Jose Almandoz
  Jose Almandoz LinkedIn Profile  Jose Almandoz Twitter Account  Jose Almandoz News  Jose Almandoz on Facebook
VP - Product Management
Jon Bachman
  Jon Bachman LinkedIn Profile  Jon Bachman Twitter Account  Jon Bachman News  Jon Bachman on Facebook
VP - Sales
Scott Morris
  Scott Morris LinkedIn Profile  Scott Morris Twitter Account  Scott Morris News  Scott Morris on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/18/2013: Talari Networks venture capital transaction
Next: 11/18/2013: Acumatica venture capital transaction

 

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