Tech Company Financing Transactions

OpTier Funding Round

Gemini Israel Funds, Lightspeed Venture Partners and Pitango Venture Capital participated in a $15 million Series C funding round for OpTier. The round closed on 6/5/2007.

Transaction Overview

Company Name
Announced On
6/5/2007
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series C
Proceeds Purpose
OpTier's management team will use the funding to aggressively pursue plans to enhance the company's offerings, expand industry partnerships and fuel sales and marketing. The company will also broaden employee recruitment in the U.S., Europe and Israel.

Company Information

Company Status
Out of Business
Industry
Enterprise IT
Mailing Address
350 Fifth Avenue 6540
New York, NY 10118
USA
Email Address
Overview
OpTier develops software that dynamically assures IT business service levels and optimizes resources for the enterprise. The leader in Transaction Workload Management, OpTier introduces a transactional context for IT service management.
Profile
OpTier LinkedIn Company Profile
Social Media
OpTier Company Twitter Account
Company News
OpTier News
Facebook
OpTier on Facebook
YouTube
OpTier on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Adam Kanouse
  Adam Kanouse LinkedIn Profile  Adam Kanouse Twitter Account  Adam Kanouse News  Adam Kanouse on Facebook
Chief Financial Officer
Rick Buchholz
  Rick Buchholz LinkedIn Profile  Rick Buchholz Twitter Account  Rick Buchholz News  Rick Buchholz on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/5/2007: Blip venture capital transaction
Next: 6/5/2007: Verari Systems venture capital transaction

 

Share this article

 


About Database of VC Transactions

We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. 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