Tech Company Financing Transactions
Optaros Funding Round
Optaros, based in Boston, secured $7 million from CRV and General Catalyst Partners.
Transaction Overview
Company Name
Announced On
3/9/2005
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series A
Investors
CRV (Lead Investor) (Izhar Armony)
General Catalyst Partners (Larry Bohn)
Proceeds Purpose
The proceeds will be used to recruit key members of the management team; increase marketing and brand-building activities; create new service offerings; and launch a research program on open source software development.
Company Information
Company Status
Private & Independent
Industry
Consulting
Mailing Address
53 State St. 37th Floor
Boston, MA 02109
USA
Boston, MA 02109
USA
Phone
Website
Email Address
Overview
Optaros, Inc. is a venture capital-funded consulting and systems integration firm that helps large enterprises use open source software to reduce the cost of commercial software and rapidly build high-quality, cost-effective and more flexible business applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Willms
VP - Finance
Emily DeMelo
VP - Operations
Miguel Picornell
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Where The Data Comes From
We report on all VC transactions involving tech companies. All VC database entries reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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