Tech Company Financing Transactions
Xceedium Funding Round
On 6/7/2012, Xceedium raised $12 million in Series B funding from ArrowPath Venture Partners and Western Technology Investment.
Transaction Overview
Company Name
Announced On
6/7/2012
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series B
Investors
ArrowPath Venture Partners (Lead Investor) (Morgan Rodd)
Proceeds Purpose
The new funds will be used to fuel continued growth and expansion of the company, with specific emphasis on Xceedium's new cloud-based initiatives. As part of this aggressive growth strategy, the company also announced today the launch of Xsuite Cloud.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
2214 Rock Hill Rd. 100
Herndon, VA 20170
USA
Herndon, VA 20170
USA
Phone
Website
Email Address
Overview
Xceedium provides centralized, policy-based, secure access for IT operations management. The most comprehensive solution available, Xceedium's service-oriented framework delivers vendor access control and secure touch-free support for IT infrastructure across geographically distributed data centers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Glenn Hazard
Chief Financial Officer
Richard Rose
Chief Technical Officer
John Suit
VP - Bus. Development
Mordecai Rosen
VP - Engineering
Brian McCullough
VP - Sales
Jay Zimmet
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