Tech Company Financing Transactions

PowerCloud Systems Funding Round

Qualcomm Ventures, Javelin Venture Partners and Walden Venture Capital participated in a $6 million Series B capital raise for PowerCloud Systems. The round was announced on 12/14/2011.

Transaction Overview

Company Name
PowerCloud Systems
Announced On
12/14/2011
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series B
Investors

Qualcomm Ventures (Lead Investor) (Quinn Li)

Javelin Venture Partners (Noah Doyles)

Walden Venture Capital (Matthew Miller)

Proceeds Purpose
We have a backlog of opportunities, and we are now poised to accelerate our market leadership.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
3333 Coyote Hill Rd.
Palo Alto, CA 94304
USA
Phone
(650) 812-4922
Website
www.powercloudsystems.com
Email Address
[email protected]
Overview
PowerCloud Systems delivers cloud-based software that OEMs integrate with their business networking products.
Profile
PowerCloud Systems LinkedIn Company Profile
Social Media
PowerCloud Systems Company Twitter Account
Company News
PowerCloud Systems News
Facebook
PowerCloud Systems on Facebook
YouTube
PowerCloud Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jeff Abramowitz
  Jeff Abramowitz LinkedIn Profile  Jeff Abramowitz Twitter Account  Jeff Abramowitz News  Jeff Abramowitz on Facebook
Chief Financial Officer
Paul Denton
  Paul Denton LinkedIn Profile  Paul Denton Twitter Account  Paul Denton News  Paul Denton on Facebook
Chief Technical Officer
Andrea Peiro
  Andrea Peiro LinkedIn Profile  Andrea Peiro Twitter Account  Andrea Peiro News  Andrea Peiro on Facebook
VP - Engineering
Seetharaman Ramasubramani
  Seetharaman Ramasubramani LinkedIn Profile  Seetharaman Ramasubramani Twitter Account  Seetharaman Ramasubramani News  Seetharaman Ramasubramani on Facebook

 

 

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Prev: 12/14/2011: CityVoter venture capital transaction
Next: 12/14/2011: Carwoo venture capital transaction

 

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About Our Venture Capital Transactions Database

We do our best to document funding rounds that are announced publicly. VC transactions reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 

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