Tech Company Financing Transactions
Carbon Relay Funding Round
Carbon Relay closed a $63 million financing round on 2/13/2020. Investors included Insight Venture Partners.
Transaction Overview
Company Name
Announced On
2/13/2020
Transaction Type
Venture Equity
Amount
$63,000,000
Round
Undisclosed
Investors
Insight Venture Partners (Michael Triplett)
Proceeds Purpose
The funding will accelerate the growth of its Red Sky Ops solution for optimizing application performance in Kubernetes environments.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
45 Bromfield St. 10th Floor
Boston, MA 02108
USA
Boston, MA 02108
USA
Phone
Website
Email Address
Overview
Carbon Relay is a strongly capitalized start-up with breakthrough AI technologies that help large enterprises overcome their energy-related operational challenges. Our products target energy inefficiency in data centers, a growing financial problem that also poses emissions-related regulatory risks.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matthew Provo
Chief Technical Officer
Ofer Idan
VP - Marketing
John Riley
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