Tech Company Financing Transactions
MTM Technologies Funding Round
MTM Technologies, based in Arlington Heights, received $25 million from FirstMark Capital.
Transaction Overview
Company Name
Announced On
1/30/2004
Transaction Type
Private Placement
Amount
$25,000,000
Round
Undisclosed
Investors
FirstMark Capital (Lead Investor) (Gerald Poch)
Proceeds Purpose
The proceeds of these financings are intended to provide the Company with, among other things, funds to support future acquisitions as part of a consolidation strategy in the IT services and consulting sector, and to provide working capital.
Company Information
Company Status
Publicly-held
Industry
Networking
Mailing Address
3550 Salt Creek Ln. 114
Arlington Heights, IL 60005
USA
Arlington Heights, IL 60005
USA
Phone
Website
Email Address
Overview
MTM Technologies, Inc. (Nasdaq: MTMC) is a leading computer and communications technology management company providing IT networking and data center services, including storage, security, messaging and VOIP solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Marcus Holloway
Chief Operating Officer
Lance Kirk
Chief Technical Officer
David Kirk
VP - Human Resources
Souzana Dandoura-Ketonis
VP - Operations
Jason Bernstein
Browse more venture capital transactions:
Prev: 1/29/2004: BioTrove venture capital transaction
Next: 2/2/2004: Helicos BioSciences venture capital transaction
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