Tech Company Financing Transactions

Hedvig Funding Round

Hedvig secured a $18 million Series B investment round on 6/1/2015. Investors included Vertex Venture Capital, Atlantic Bridge Ventures and True Ventures.

Transaction Overview

Company Name
Announced On
6/1/2015
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series B
Investors

Vertex Venture Capital (Lead Investor) (In Sik Rhee)

Atlantic Bridge Ventures (Brian Long)

True Ventures (Puneet Agarwal)

Proceeds Purpose
With approximately $30.5 million in financing to date, the company will use the latest round of funding to fuel rapid global expansion and address the demands of its growing customer base.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
2350 Mission College Blvd. 500
Santa Clara, CA 95054
USA
Email Address
Overview
Designed for change and built to scale, Hedvig s software-defined storage solution provides the flexibility needed for rapidly changing data, app, and user requirements.
Profile
Hedvig LinkedIn Company Profile
Social Media
Hedvig Company Twitter Account
Company News
Hedvig News
Facebook
Hedvig on Facebook
YouTube
Hedvig on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Avinash Lakshman
  Avinash Lakshman LinkedIn Profile  Avinash Lakshman Twitter Account  Avinash Lakshman News  Avinash Lakshman on Facebook
Vice President
Darrell Billings
  Darrell Billings LinkedIn Profile  Darrell Billings Twitter Account  Darrell Billings News  Darrell Billings on Facebook
Vice President
Suresh Rajagopalan
  Suresh Rajagopalan LinkedIn Profile  Suresh Rajagopalan Twitter Account  Suresh Rajagopalan News  Suresh Rajagopalan on Facebook
VP - Bus. Development
Mat Gruen
  Mat Gruen LinkedIn Profile  Mat Gruen Twitter Account  Mat Gruen News  Mat Gruen on Facebook
VP - Engineering
Srinivas Lakshman
  Srinivas Lakshman LinkedIn Profile  Srinivas Lakshman Twitter Account  Srinivas Lakshman News  Srinivas Lakshman on Facebook
VP - Marketing
Angela Restani
  Angela Restani LinkedIn Profile  Angela Restani Twitter Account  Angela Restani News  Angela Restani on Facebook
VP - Sales
Ediz Ertekin
  Ediz Ertekin LinkedIn Profile  Ediz Ertekin Twitter Account  Ediz Ertekin News  Ediz Ertekin on Facebook


 

 

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About Database of VC Transactions

Our team works diligently to report on tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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