Tech Company Financing Transactions
Virtutech Funding Round
Virtutech, based in San Jose, secured $8 million from Telos Venture Partners and Vision Capital.
Transaction Overview
Company Name
Announced On
11/29/2004
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Telos Venture Partners (Bruce Bourbon)
Vision Capital (Dag Syrrist)
Proceeds Purpose
The Series A funding will assist in expanding Virtutech's sales and business development efforts globally, while accelerating the evolution of the company's core product, Simics.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
2001 Gateway Place 201E
San Jose, CA 95110
USA
San Jose, CA 95110
USA
Phone
Website
Email Address
Overview
Virtutech is the leader in simulation solutions for software development. Virtutech's product suite Simics can simulate any computer system, from a single board computer up to cabinets containing hundreds of microprocessors, allowing software development and test to be done in a simulated environment.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 11/23/2004: PharMetrics venture capital transaction
Next: 11/30/2004: Metabolex venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs