Tech Company Financing Transactions
Violin Memory Funding Round
Private investors participated in a $40 million Series C funding round for Violin Memory. The round was announced by the company on 6/7/2011.
Transaction Overview
Company Name
Announced On
6/7/2011
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors
Proceeds Purpose
Our new capital will allow us to speed up product development and global expansion in Europe and Asia to surpass $100 million in revenue this year, the first step in building a billion dollar company.
Company Information
Company Status
Publicly-held
Industry
Storage
Mailing Address
4555 Great America Pkwy.
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Not Recorded
Overview
Violin Memory (NYSE: VMEM) is the ultimate solution for the company who is looking to accelerate their business critical applications and virtualize their Data Center storage with a scalable flash memory array that delivers unprecedented sustainability and spike-free latency at price points challenging HDD performance storage.
Management Team
Title
Name
Email & Social
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Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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