Tech Company Financing Transactions

Layer 7 Technologies Funding Round

BDC Venture Capital, Growthworks Capital and Shoreline Ventures participated in a $8.9 million Series B capital raise for Layer 7 Technologies. The round closed on 10/26/2006.

Transaction Overview

Company Name
Layer 7 Technologies
Announced On
10/26/2006
Transaction Type
Venture Equity
Amount
$8,900,000
Round
Series B
Investors

BDC Venture Capital (Lead Investor)

Growthworks Capital (Lead Investor) (Joseph Timlin)

Shoreline Ventures (Lead Investor)

Proceeds Purpose
The new funding will help Layer 7 significantly expand its commercial and public sector sales organizations and expand its sales footprint into Europe.

Company Information

Company Status
Acquired or Merged
Industry
Infrastructure
Mailing Address
1200 G Street NW 800
Washington, DC 20005
USA
Phone
(800) 681-9377
Website
www.layer7tech.com
Email Address
[email protected]
Overview
Layer 7 Technologies markets a family of XML appliances and software to secure, simplify and scale Web services.
Profile
Layer 7 Technologies LinkedIn Company Profile
Social Media
Layer 7 Technologies Company Twitter Account
Company News
Layer 7 Technologies News
Facebook
Layer 7 Technologies on Facebook
YouTube
Layer 7 Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Paul Rochester
  Paul Rochester LinkedIn Profile  Paul Rochester Twitter Account  Paul Rochester News  Paul Rochester on Facebook
Chief Financial Officer
Praveen Gupta
  Praveen Gupta LinkedIn Profile  Praveen Gupta Twitter Account  Praveen Gupta News  Praveen Gupta on Facebook
Chief Marketing Officer
Dimitri Sirota
  Dimitri Sirota LinkedIn Profile  Dimitri Sirota Twitter Account  Dimitri Sirota News  Dimitri Sirota on Facebook
Chief Technical Officer
Scott Morrison
  Scott Morrison LinkedIn Profile  Scott Morrison Twitter Account  Scott Morrison News  Scott Morrison on Facebook
VP - Product Management
Phil Walston
  Phil Walston LinkedIn Profile  Phil Walston Twitter Account  Phil Walston News  Phil Walston on Facebook
VP - Sales
Jeff Miller
  Jeff Miller LinkedIn Profile  Jeff Miller Twitter Account  Jeff Miller News  Jeff Miller on Facebook

 

 

Browse more venture capital transactions:

Prev: 10/25/2006: Zoom Systems venture capital transaction
Next: 10/26/2006: Chip Estimate venture capital transaction

 

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