Tech Company Financing Transactions

Portworx Funding Round

Portworx, based in Los Altos, raised $27 million from Mubadala, Sapphire Ventures and Cisco Investments.

Transaction Overview

Company Name
Announced On
3/21/2019
Transaction Type
Venture Equity
Amount
$27,000,000
Round
Series C
Investors

Mubadala (Lead Investor) (Ibrahim Ajami)

Sapphire Ventures (Lead Investor) (Jai Das)

Cisco Investments (Kip Compton)

GE Ventures (Abhishek Shukla)

HPE Growth Capital (Vishal Lall)

Mayfield Fund (Michael Dell)

NetApp

Proceeds Purpose
Portworx will use the latest round of funding to expand into new global markets, continue developing its flagship platform Portworx Enterprise, and grow its world-class engineering, sales and channel teams.

Company Information

Company Status
Private & Independent
Industry
Storage
Mailing Address
4940 El Camino Real 200
Los Altos, CA 94022
USA
Email Address
Overview
Portworx PWX enables the rapid deployment of stateful, distributed applications into production. With PWX, applications can be scaled rapidly without IT intervention. DevOps can provision storage to containers in an automated and container-centric way.
Profile
Portworx LinkedIn Company Profile
Social Media
Portworx Company Twitter Account
Company News
Portworx News
Facebook
Portworx on Facebook
YouTube
Portworx on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Murli Thirumale
  Murli Thirumale LinkedIn Profile  Murli Thirumale Twitter Account  Murli Thirumale News  Murli Thirumale on Facebook
Chief Technical Officer
Vinod Jayaraman
  Vinod Jayaraman LinkedIn Profile  Vinod Jayaraman Twitter Account  Vinod Jayaraman News  Vinod Jayaraman on Facebook
Chief Technical Officer
Gou Rao
  Gou Rao LinkedIn Profile  Gou Rao Twitter Account  Gou Rao News  Gou Rao on Facebook
VP - Engineering
Venkat Ramakrishnan
  Venkat Ramakrishnan LinkedIn Profile  Venkat Ramakrishnan Twitter Account  Venkat Ramakrishnan News  Venkat Ramakrishnan on Facebook
VP - Product Management
Michael Ferranti
  Michael Ferranti LinkedIn Profile  Michael Ferranti Twitter Account  Michael Ferranti News  Michael Ferranti on Facebook
VP - Product Management
Eric Han
  Eric Han LinkedIn Profile  Eric Han Twitter Account  Eric Han News  Eric Han on Facebook
VP - Sales
Steve Ackley
  Steve Ackley LinkedIn Profile  Steve Ackley Twitter Account  Steve Ackley News  Steve Ackley on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/21/2019: Splice venture capital transaction
Next: 3/21/2019: Iterable venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to record every notable VC transaction. VC transactions reported here come from news reports and company 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