Tech Company Financing Transactions
Virtustream Funding Round
Sapphire Ventures and private investors participated in a $40 million Series D funding round for Virtustream. The funding round was announced by the company on 9/10/2013.
Transaction Overview
Company Name
Announced On
9/10/2013
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series D
Investors
Sapphire Ventures (Lead Investor) (Bjoern Goerke)
Proceeds Purpose
Virtustream will use the proceeds to fund additional capacity for IaaS growth, and further accelerate the development of its xStream cloud management software for both the enterprise and its global service provider network.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
4800 Montgomery Ln. 1100
Bethesda, MD 20814
USA
Bethesda, MD 20814
USA
Phone
Website
Email Address
Not Recorded
Overview
Virtustream is an innovative Cloud provisioning firm committed to delivering modernized next generation infrastructure services to enterprise class customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Rodney Rogers
Chief Executive Officer
Kevin Reid
Chief Financial Officer
Mike Provenzano
Chief Information Officer
Van Williams
Chief Marketing Officer
Simon Aspinall
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We record every notable VC transaction. All VC database entries reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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