Tech Company Financing Transactions

GroundWork Open Source Funding Round

On 2/7/2007, GroundWork Open Source landed $12.5 million in Series C investment from Rally Ventures, Canaan Partners and Mayfield Fund.

Transaction Overview

Announced On
2/7/2007
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series C
Investors

Rally Ventures (Lead Investor) (Thomas Mawhinney)

Canaan Partners (Skip Glass)

Mayfield Fund (Robin Vasan)

Sapphire Ventures

Proceeds Purpose
Investment proceeds will be used to extend GroundWork's worldwide adoption and phenomenal customer traction, grow the GroundWork Partner Network, and broaden the product portfolio.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
23332 Mill Creek Dr. 155
Laguna Hills, CA 92653
USA
Email Address
Overview
GroundWork provides hybrid clouds with monitoring and analytics. Lately, that includes Docker and SDN on top of a huge application and technology list.
Profile
GroundWork Open Source LinkedIn Company Profile
Social Media
GroundWork Open Source Company Twitter Account
Company News
GroundWork Open Source News
Facebook
GroundWork Open Source on Facebook
YouTube
GroundWork Open Source on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Richard Campbell
  Richard Campbell LinkedIn Profile  Richard Campbell Twitter Account  Richard Campbell News  Richard Campbell on Facebook
Chief Operating Officer
Michael Hale
  Michael Hale LinkedIn Profile  Michael Hale Twitter Account  Michael Hale News  Michael Hale on Facebook
VP - Product Management
Thomas Stocking
  Thomas Stocking LinkedIn Profile  Thomas Stocking Twitter Account  Thomas Stocking News  Thomas Stocking on Facebook
VP - Sales
Laura Hurd
  Laura Hurd LinkedIn Profile  Laura Hurd Twitter Account  Laura Hurd News  Laura Hurd on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/7/2007: Major League Gaming venture capital transaction
Next: 2/7/2007: Beceem Communications venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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