Tech Company Financing Transactions
CoolIT Systems Funding Round
Westbury Partners, Austin Ventures and Credit Suisse invested in a $18.5 million venture round for CoolIT Systems. The financing was recorded on 2/17/2009.
Transaction Overview
Company Name
Announced On
2/17/2009
Transaction Type
Venture Equity
Amount
$18,500,000
Round
Undisclosed
Investors
Westbury Partners (Lead Investor) (James Schubauer)
Proceeds Purpose
The funding will help expand the company's product development, sales, marketing and channel efforts globally and build on its success in the enterprise data storage market.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
290 Harbor Dr.
Stamford, CT 06902
USA
Stamford, CT 06902
USA
Phone
Website
Email Address
Not Recorded
Overview
CoolIT Systems Inc. is the global leader in Direct Contact Liquid Cooling (DCLC ) for the Data Center and Desktop markets. As an experienced innovator with 44 patents and more than 1.75 million liquid cooling units deployed, CoolIT brings a wealth of design, engineering, and manufacturing knowledge to the table.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter Calverley
Vice President
Ian Graham
VP - Engineering
Michael Holden
VP - Operations
Patrick McGinn
VP - Product Management
Brydon Gierl
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We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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