Tech Company Financing Transactions

PHD Virtual Technologies Funding Round

On 3/7/2013, PHD Virtual Technologies raised $4 million in Series C funding from Citrix Systems Ventures, Insight Venture Partners and Wellington Financial.

Transaction Overview

Announced On
3/7/2013
Transaction Type
Debt
Venture Equity
Amount
$4,000,000
Round
Series C
Investors

Citrix Systems Ventures (Lead Investor) (Andrew Cohen)

Insight Venture Partners (Lead Investor) (Michael Triplett)

Wellington Financial

Proceeds Purpose
Funds secured will be used to fuel technology innovation and drive sales, expansion into Europe and product development initiatives.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
200 Wheeler Rd. North Tower 2nd Floor
Burlington, MA 01803
USA
Email Address
Overview
At PHD Virtual Technologies we are transforming data protection in virtual IT environments. We pioneered virtual backup appliances (VBAs) in 2006, using virtual machines to backup virtual machines and have since become an award-winning product of choice for data protection in virtual environments.
Profile
PHD Virtual Technologies LinkedIn Company Profile
Social Media
PHD Virtual Technologies Company Twitter Account
Company News
PHD Virtual Technologies News
Facebook
PHD Virtual Technologies on Facebook
YouTube
PHD Virtual Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Josh Gray
  Josh Gray LinkedIn Profile  Josh Gray Twitter Account  Josh Gray News  Josh Gray on Facebook
Chief Financial Officer
Brad Miller
  Brad Miller LinkedIn Profile  Brad Miller Twitter Account  Brad Miller News  Brad Miller on Facebook
Chief Marketing Officer
Steve Muddiman
  Steve Muddiman LinkedIn Profile  Steve Muddiman Twitter Account  Steve Muddiman News  Steve Muddiman on Facebook
Chief Technical Officer
Mark Campbell
  Mark Campbell LinkedIn Profile  Mark Campbell Twitter Account  Mark Campbell News  Mark Campbell on Facebook
VP - Engineering
Joe Balazs
  Joe Balazs LinkedIn Profile  Joe Balazs Twitter Account  Joe Balazs News  Joe Balazs on Facebook
VP - Operations
Mike Dalton
  Mike Dalton LinkedIn Profile  Mike Dalton Twitter Account  Mike Dalton News  Mike Dalton on Facebook
VP - Product Management
Dave LeClair
  Dave LeClair LinkedIn Profile  Dave LeClair Twitter Account  Dave LeClair News  Dave LeClair on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/7/2013: TastemakerX venture capital transaction
Next: 3/7/2013: Looker venture capital transaction

 

Share this article

 


Where The Data Comes From

We record all VC transactions involving tech companies. VC investment data records reported here are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary