Tech Company Financing Transactions
Solo.io Funding Round
Solo.io secured a $23 million Series B venture capital round on 10/2/2020. Investors included Redpoint Ventures, True Ventures and private investors.
Transaction Overview
Company Name
Announced On
10/2/2020
Transaction Type
Venture Equity
Amount
$23,000,000
Round
Series B
Investors
Redpoint Ventures (Lead Investor) (Satish Dharmaraj)
True Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds for product and cloud-native community innovation in 2020, including new strategic, first-to-market product offerings and an industry specification.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
222 3rd St. 3300
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Undisclosed
Website
Email Address
Overview
Solo.io develops open source and enterprise software that helps enterprises adopt and operate innovative cloud native technologies like microservices, serverless and service mesh. Founded in 2017 in Cambridge, MA, Solo.io is backed by Redpoint Ventures and True Ventures.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Idit Levine
Chief Marketing Officer
Erik Frieberg
Chief Technical Officer
Yuval Kohavi
Chief Technical Officer
Christian Posta
VP - Engineering
Neeraj Poddar
VP - Product Management
Chris Gaun
VP - Sales
Barry Lieberman
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About Our VC Transactions Data
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 is sourced from VentureDeal.com, an affiliated venture.
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