Tech Company Financing Transactions
Elastics.cloud Funding Round
Private investors participated in a $26 million Seed funding round for Elastics.cloud. The financing was announced on 4/15/2022.
Transaction Overview
Company Name
Announced On
4/15/2022
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Seed
Investors
Proceeds Purpose
The company, has opened a new design center in Bangalore, India, intends to use the funds to expand its engineering teams in San Jose, CA and Austin, TX, while also strengthening its strategic customer partner/support resources in the USA, Asia, and Europe.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
1730 North 1st St. 5th Floor
San Jose, CA 95112
USA
San Jose, CA 95112
USA
Phone
Website
Email Address
Overview
Elastics.cloud, Inc. is a well-funded Smart Interconnect technology company focused on enabling efficient and performant architectures to create flexible, scalable, low latency composable systems. We provide silicon, hardware, and software which leverages the Compute Express Link (CXL) interconnect standard to provide high-performance connectivity to a broad ecosystem of components.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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