Tech Company Financing Transactions
Savi Technology Funding Round
On 11/14/2018, Savi Technology raised $7.5 million in funding from Eastward Capital Partners and private investors.
Transaction Overview
Company Name
Announced On
11/14/2018
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Undisclosed
Investors
Eastward Capital Partners (Lead Investor)
Proceeds Purpose
This capital infusion will accelerate development of Savi's innovative in-transit visibility and analytics suite and expand commercial and government market growth.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
3601 Eisenhower Ave. 280
Alexandria, VA 22304
USA
Alexandria, VA 22304
USA
Phone
Website
Email Address
Overview
Savi has continued to invest in new technologies and intellectual property in order to better protect our Allied forces. Nothing demonstrates Savi's commitment to innovation more than its patent portfolio. Examples of patents Savi holds include secure tracking of intermodal containers and public key encryption.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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