Tech Company Financing Transactions

Adaptive Computing Funding Round

On 9/14/2010, Adaptive Computing raised $14 million in Series A financing from Intel Capital, EPIC Ventures and Tudor Ventures.

Transaction Overview

Company Name
Announced On
9/14/2010
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Series A
Investors

Intel Capital (Lead Investor) (Steven Eichenlaub)

EPIC Ventures (Christopher Stone)

Tudor Ventures (Jon Danielson)

Proceeds Purpose
Adaptive Computing's initial round of funding, after nine years of consistent profitable growth as a company, will be used to further accelerate the company's ability to meet the rapid increase in customer demand for cloud automation intelligence.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
1712 East Bay Blvd. 300
Provo, UT 84606
USA
Email Address
Not Recorded
Overview
Intelligent Workload Management for Cloud and HPC Environments
Profile
Adaptive Computing LinkedIn Company Profile
Social Media
Adaptive Computing Company Twitter Account
Company News
Adaptive Computing News
Facebook
Adaptive Computing on Facebook
YouTube
Adaptive Computing on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Marty Smuin
  Marty Smuin LinkedIn Profile  Marty Smuin Twitter Account  Marty Smuin News  Marty Smuin on Facebook
Chief Financial Officer
Alan Taylor
  Alan Taylor LinkedIn Profile  Alan Taylor Twitter Account  Alan Taylor News  Alan Taylor on Facebook
Chief Technical Officer
David Jackson
  David Jackson LinkedIn Profile  David Jackson Twitter Account  David Jackson News  David Jackson on Facebook
President
Michael Jackson
  Michael Jackson LinkedIn Profile  Michael Jackson Twitter Account  Michael Jackson News  Michael Jackson on Facebook
VP - General Counsel
Thomas Isaacson
  Thomas Isaacson LinkedIn Profile  Thomas Isaacson Twitter Account  Thomas Isaacson News  Thomas Isaacson on Facebook
VP - Marketing
Jill King
  Jill King LinkedIn Profile  Jill King Twitter Account  Jill King News  Jill King on Facebook
VP - Operations
Lane Franks
  Lane Franks LinkedIn Profile  Lane Franks Twitter Account  Lane Franks News  Lane Franks on Facebook
VP - Sales
Wolfgang Dreyer
  Wolfgang Dreyer LinkedIn Profile  Wolfgang Dreyer Twitter Account  Wolfgang Dreyer News  Wolfgang Dreyer on Facebook
VP - Sales
Lars Stenstedt
  Lars Stenstedt LinkedIn Profile  Lars Stenstedt Twitter Account  Lars Stenstedt News  Lars Stenstedt on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/14/2010: Get Satisfaction venture capital transaction
Next: 9/14/2010: SandForce venture capital transaction

 

Share this article

 


About Database of VC Transactions

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary