Tech Company Financing Transactions
Kinetica Funding Round
Kinetica, based in San Francisco, received $6 million from private investors.
Transaction Overview
Company Name
Announced On
9/27/2016
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
private investors (Lead Investor) (Ray Lane)
Proceeds Purpose
The new funding will be used to fuel product development, marketing and sales growth. New top talent in the areas of operations, sales, marketing, engineering and services has been added to provide the needed infrastructure to support worldwide operations.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
101 California St. 4560
San Francisco, CA 94111
USA
San Francisco, CA 94111
USA
Phone
Website
Email Address
Not Recorded
Overview
Built from the ground up to scale linearly, Kinetica's distributed, in-memory database accelerated by GPUs delivers truly real-time actionable intelligence on large, complex and streaming data sets: 100x faster performance at 1/10 of the hardware of traditional databases.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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