Tech Company Financing Transactions
SevOne Funding Round
SevOne, based in Boston, secured investment from Bain Capital Ventures.
Transaction Overview
Company Name
Announced On
1/15/2013
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Bain Capital Ventures (Benjamin Nye)
Proceeds Purpose
The gross amount of the transaction was $150 million, but company CEO Michael Phelan said that much of the cash will buy out existing investments in the company. Therefore, the amount of new investment is unknown.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
800 Boylston St. 29th Floor
Boston, MA 02199
USA
Boston, MA 02199
USA
Phone
Website
Email Address
Overview
SevOne offers scalable, easy to use Network Management products. Integrating performance and fault management in an easy to install and maintain appliance, SevOne brings low TCO and high ROI to companies of all sizes and industries.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jack Sweeney
Chief Financial Officer
Rafe Brown
Chief Technical Officer
Yash Shah
VP - Client Services
Glen Schermerhorn
VP - Marketing
James Melvin
VP - Sales
Paul Ciesielski
Browse more venture capital transactions:
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About Database of VC Transactions
We record tech company VC transactions. VC investment data records reported here come from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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