Tech Company Financing Transactions

Zaloni Funding Round

Sierra Ventures and Baird Capital participated in a $7.5 million Series A venture round for Zaloni. The financing round closed on 3/8/2016.

Transaction Overview

Company Name
Announced On
3/8/2016
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Series A
Investors

Sierra Ventures (Lead Investor) (Mark Fernandes)

Baird Capital (James Pavlik)

Proceeds Purpose
The company, which has been experiencing 100% year over year growth from its data lake management solutions, will use the proceeds to fund further expansion of the Zaloni software suite, sales and marketing, research and development, and international expansion.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
2520 Meridian Pkwy. 425
Durham, NC 27713
USA
Email Address
Overview
Zaloni, the data lake company, is an award-winning provider of enterprise data lake management solutions. Our software, Bedrock and Mica, enable customers to gain competitive advantage through organized, actionable big data lakes. Serving the Fortune 500, Zaloni has helped its customers build production implementations at many of the world's leading companies.
Profile
Zaloni LinkedIn Company Profile
Social Media
Zaloni Company Twitter Account
Company News
Zaloni News
Facebook
Zaloni on Facebook
YouTube
Zaloni on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ben Sharma
  Ben Sharma LinkedIn Profile  Ben Sharma Twitter Account  Ben Sharma News  Ben Sharma on Facebook
Chief Financial Officer
Dan Edelson
  Dan Edelson LinkedIn Profile  Dan Edelson Twitter Account  Dan Edelson News  Dan Edelson on Facebook
VP - Engineering
Yin Guo
  Yin Guo LinkedIn Profile  Yin Guo Twitter Account  Yin Guo News  Yin Guo on Facebook
VP - Human Resources
Michelle Strader
  Michelle Strader LinkedIn Profile  Michelle Strader Twitter Account  Michelle Strader News  Michelle Strader on Facebook
VP - Marketing
Kelly Schupp
  Kelly Schupp LinkedIn Profile  Kelly Schupp Twitter Account  Kelly Schupp News  Kelly Schupp on Facebook
VP - Product Management
Scott Gidley
  Scott Gidley LinkedIn Profile  Scott Gidley Twitter Account  Scott Gidley News  Scott Gidley on Facebook


 

 

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Prev: 3/7/2016: Comparably venture capital transaction
Next: 3/8/2016: Tizona Therapeutics venture capital transaction

 

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About Our VC Transactions Data

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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