Tech Company Financing Transactions

ThingWorx Funding Round

Safeguard Scientifics and private investors participated in a Series C funding round for ThingWorx. The round was announced on 10/9/2012.

Transaction Overview

Company Name
Announced On
10/9/2012
Transaction Type
Venture Equity
Amount
Unknown
Round
Series C
Investors

Safeguard Scientifics (Lead Investor) (Erik Rasmussen)

Proceeds Purpose
ThingWorx will use the proceeds to further strengthen its sales and customer care teams as the company seeks to capitalize on the explosive growth of the machine-to-machine (M2M) market and increased demand for Internet of Things applications.

Company Information

Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
350 Eagleview Blvd 150
Exton, PA 19341
USA
Email Address
Overview
ThingWorx is a privately held company that develops and markets the first application platform for the Connected World.
Profile
ThingWorx LinkedIn Company Profile
Social Media
ThingWorx Company Twitter Account
Company News
ThingWorx News
Facebook
ThingWorx on Facebook
YouTube
ThingWorx on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Russell Fadel
  Russell Fadel LinkedIn Profile  Russell Fadel Twitter Account  Russell Fadel News  Russell Fadel on Facebook
Chief Operating Officer
John Richardson
  John Richardson LinkedIn Profile  John Richardson Twitter Account  John Richardson News  John Richardson on Facebook
Chief Technical Officer
Rick Bullotta
  Rick Bullotta LinkedIn Profile  Rick Bullotta Twitter Account  Rick Bullotta News  Rick Bullotta on Facebook
General Manager
John Canosa
  John Canosa LinkedIn Profile  John Canosa Twitter Account  John Canosa News  John Canosa on Facebook
VP - Bus. Development
Dave Westrom
  Dave Westrom LinkedIn Profile  Dave Westrom Twitter Account  Dave Westrom News  Dave Westrom on Facebook
VP - Finance
Dan Zebrowski
  Dan Zebrowski LinkedIn Profile  Dan Zebrowski Twitter Account  Dan Zebrowski News  Dan Zebrowski on Facebook
VP - Product Management
John Schaefer
  John Schaefer LinkedIn Profile  John Schaefer Twitter Account  John Schaefer News  John Schaefer on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/9/2012: MyHealthDirect venture capital transaction
Next: 10/9/2012: ResiModel venture capital transaction

 

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Where The Data Comes From

We do our best to record funding rounds that are announced publicly. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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