Tech Company Financing Transactions
XIOtech Funding Round
XIOtech, based in Colorado Springs, secured $20 million in funding from private investors.
Transaction Overview
Company Name
Announced On
10/2/2009
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The proceeds are to be used to build on the company's successful Emprise product line and Intelligent Storage Element (ISE�) technology by bringing complementary new products to market in early 2010.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
2375 Telstar 150
Colorado Springs, CO 80920
USA
Colorado Springs, CO 80920
USA
Phone
Website
Email Address
Overview
Xiotech is the leading provider of integrated information risk management (IRM) solutions for midmarket companies. With expert consulting, litigation support, regulatory compliance and data storage expertise, Xiotech solutions minimize risk and maximize value across the spectrum of organizational information management.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bill Miller
Chief Financial Officer
Bill Alexander
Chief Scientific Officer
Richard Lary
VP - Engineering
David Gustavsson
VP - Human Resources
John Grover
VP - Marketing
Ellen Rome
VP - Sales
Mark Zeller
Browse more venture capital transactions:
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