Tech Company Financing Transactions
Pendo Funding Round
Pendo secured a $25 million Series C investment round on 7/14/2017. Backers included Meritech Capital Partners and private investors.
Transaction Overview
Company Name
Announced On
7/14/2017
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series C
Investors
Meritech Capital Partners (Lead Investor) (Robert Ward)
Proceeds Purpose
The extra capital opens up opportunities for Pendo to engage more freely in M&A activity -- enabling the company to snap up some smaller competitors and perhaps an augmenting technology or two.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
150 Fayetteville St.
Raleigh, NC 27601
USA
Raleigh, NC 27601
USA
Phone
Website
Email Address
Overview
Pendo was founded in late 2013 by former product owners that have experienced the joys and challenges of creating great products at companies like Rally, Google, Cisco, and Red Hat among others.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Todd Olson
Chief Financial Officer
Jennifer Kaelin
Chief Marketing Officer
Joseph Chernov
Chief Technical Officer
Erik Troan
Founder
Eric Boduch
VP - Bus. Development
Rahul Jain
VP - Customer Service
Benjamin Carey
VP - General Counsel
Jenny Zador
VP - Human Resources
Kelli Dragovich
VP - Sales
Jennifer Brannigan
Browse more venture capital transactions:
Prev: 7/14/2017: Menlo Micro venture capital transaction
Next: 7/14/2017: Canvas venture capital transaction
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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