Tech Company Financing Transactions

Soasta Funding Round

Soasta closed a $6.4 million Series B funding round on 9/8/2008. Backers included Formative Ventures, Canaan Partners and The Entrepreneurs Fund.

Transaction Overview

Company Name
Announced On
9/8/2008
Transaction Type
Venture Equity
Amount
$6,400,000
Round
Series B
Investors

Formative Ventures (Lead Investor) (Clint Chao)

Canaan Partners (John Balen)

The Entrepreneurs Fund

Proceeds Purpose
The new funding will be used to support product enhancements, marketing, and business development efforts to address the growing demand for SOASTA's web testing solution for Cloud Computing environments.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
444 Castro St. 4th Floor
Mountain View, CA 94041
USA
Email Address
Overview
SOASTA is a leader in cloud and mobile testing. Its web and mobile test automation solution, CloudTest and TouchTest enables developers, QA professionals and IT operations teams to test with unprecedented speed, scale and precision.
Profile
Soasta LinkedIn Company Profile
Social Media
Soasta Company Twitter Account
Company News
Soasta News
Facebook
Soasta on Facebook
YouTube
Soasta on YouTube

Management Team

Title
Name
Email & Social
Chairman
Ken Gardner
  Ken Gardner LinkedIn Profile  Ken Gardner Twitter Account  Ken Gardner News  Ken Gardner on Facebook
Chief Executive Officer
Tom Lounibos
  Tom Lounibos LinkedIn Profile  Tom Lounibos Twitter Account  Tom Lounibos News  Tom Lounibos on Facebook
Chief Financial Officer
Pete Boyes
  Pete Boyes LinkedIn Profile  Pete Boyes Twitter Account  Pete Boyes News  Pete Boyes on Facebook
Chief Marketing Officer
Ann Ruckstuhl
  Ann Ruckstuhl LinkedIn Profile  Ann Ruckstuhl Twitter Account  Ann Ruckstuhl News  Ann Ruckstuhl on Facebook
Chief Technical Officer
Matt Solnit
  Matt Solnit LinkedIn Profile  Matt Solnit Twitter Account  Matt Solnit News  Matt Solnit on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/8/2008: Innovative Spinal Technologies venture capital transaction
Next: 9/8/2008: Tableau Software venture capital transaction

 

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Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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