Tech Company Financing Transactions
ThingWorx Funding Round
ThingWorx, based in Exton, secured $5 million in funding from Safeguard Scientifics.
Transaction Overview
Company Name
Announced On
2/16/2011
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series B
Investors
Safeguard Scientifics (Lead Investor) (Erik Rasmussen)
Proceeds Purpose
The proceeds of this financing will be used to further accelerate the growth of ThingWorx, the company's revolutionary application platform for buildingconnected applications.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
350 Eagleview Blvd 150
Exton, PA 19341
USA
Exton, PA 19341
USA
Phone
Website
Email Address
Overview
ThingWorx is a privately held company that develops and markets the first application platform for the Connected World.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Russell Fadel
Chief Operating Officer
John Richardson
Chief Technical Officer
Rick Bullotta
General Manager
John Canosa
VP - Bus. Development
Dave Westrom
VP - Finance
Dan Zebrowski
VP - Product Management
John Schaefer
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Where The Data Comes From
We do our best to record funding rounds that are announced publicly. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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