Tech Company Financing Transactions
rPath Funding Round
On 6/24/2008, rPath raised $10 million in Series C funding from General Catalyst Partners, North Bridge Venture Partners and Wakefield Group.
Transaction Overview
Company Name
Announced On
6/24/2008
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series C
Investors
Proceeds Purpose
The company plans to use this new capital to increase its leadership in enabling cloud computing.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
5430 Wade Park Blvd. 310
Raleigh, NC 27607
USA
Raleigh, NC 27607
USA
Phone
Website
Email Address
Overview
rPath provides rBuilder and rPath Linux, the first platform for creating and maintaining software appliances. Using rPath's technology, application developers can evolve their business from delivering an application to providing a complete solution via software appliances.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mike Torto
Chief Financial Officer
Nikki Heron
Chief Technical Officer
Brett Adam
VP - Engineering
Brad Murphy
VP - Product Management
Shawn Edmondson
Browse more venture capital transactions:
Prev: 6/23/2008: OwnerIQ venture capital transaction
Next: 6/24/2008: SpringSource venture capital transaction
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