Tech Company Financing Transactions
ManageSoft Funding Round
ManageSoft, based in Boston, received $13 million from Siemens Venture Capital.
Transaction Overview
Company Name
Announced On
7/19/2004
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series B
Investors
Siemens Venture Capital (Lead Investor) (Bjoern Christensen)
Proceeds Purpose
ManageSoft plans to use the investment to expand its presence across the world and in new markets, including Asia, Canada and South America. The company also will continue to invest in research and development to further enhance the breadth and depth of its automated software management suite of products as well as expand its distribution channels and marketing communications.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
100 North Washington Street 4th Floor
Boston, MA 02114
USA
Boston, MA 02114
USA
Phone
Website
Email Address
Overview
ManageSoft, The Software Management Company, reduces IT supports costs for desktops, laptops, and servers located anywhere in the world by enabling large organizations to automatically deploy, update and manage software and security patches for Windows, Linux and UNIX devices.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steve Butler
Chief Financial Officer
Douglas Zaccaro
VP - Bus. Development
Alan Swahn
VP - Marketing
Alan Swahn
VP - Sales
Alex Levi
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