Tech Company Financing Transactions
Xceedium Funding Round
On 7/24/2006, Xceedium received $5 million in Series A investment from Arnerich Massena.
Transaction Overview
Company Name
Announced On
7/24/2006
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Arnerich Massena (Lead Investor) (Morgan Rodd)
Proceeds Purpose
This investment will be used primarily to expand the company's sales and marketing efforts to customers in vertical markets such as federal and state government, large financial institutions with multiple data centers and branch offices as well as managed service providers who need enhanced security capabilities.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
2214 Rock Hill Rd. 100
Herndon, VA 20170
USA
Herndon, VA 20170
USA
Phone
Website
Email Address
Overview
Xceedium provides centralized, policy-based, secure access for IT operations management. The most comprehensive solution available, Xceedium's service-oriented framework delivers vendor access control and secure touch-free support for IT infrastructure across geographically distributed data centers.
Management Team
Title
Name
Email & Social
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