Tech Company Financing Transactions

Qwaq Funding Round

Qwaq closed a $7 million Series A funding round on 11/27/2007. Investors included Alloy Ventures and Storm Ventures.

Transaction Overview

Company Name

Qwaq

Announced On

11/27/2007

Transaction Type

Venture Equity

Amount

$7,000,000

Round

Series A

Investors

Alloy Ventures (Lead Investor) (Ammar Hanafi)

Storm Ventures (Lead Investor) (Alexander Mendez)

Proceeds Purpose

The funds will be used to expand Qwaq's sales, marketing, product and engineering teams and initiatives.

Company Information

Company Status

Acquired or Merged

Industry

Enterprise IT

Mailing Address

805 Veterans Blvd. 322
Redwood City, CA 94063
USA

Phone

(650) 331-1437

Website

www.qwaq.com

Email Address

[email protected]

Overview

Qwaq's virtual space solutions increase the productivity of distributed teams. Designed for the enterprise, Qwaq Forums is a virtual workspace application that delivers immediate benefits by bringing users and critical resources together in virtual spaces.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Greg Nuyens

Chief Financial Officer

Anne Dorman

Chief Technical Officer

David Smith

Vice President

remy Malan

Browse more venture capital transactions:

Prev: 11/27/2007: Platform Solutions venture capital transaction
Next: 11/27/2007: Sendori venture capital transaction

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