Tech Company Financing Transactions

Arrcus Funding Round

Clear Ventures, General Catalyst and Hitachi Ventures invested in a $30 million funding round for Arrcus. The financing round closed on 7/19/2024.

Transaction Overview

Company Name
Announced On
7/19/2024
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors

Clear Ventures (Lead Investor)

General Catalyst (Lead Investor)

Hitachi Ventures (Lead Investor)

Liberty Global (Lead Investor)

Lightspeed Venture Partners (Lead Investor) (Guru Chahal)

NVIDIA (Lead Investor)

Prosperity7 Ventures (Lead Investor)

Proceeds Purpose
The company intends to use the funds to expand platform support, accelerate growth, and continue delivering networking solutions to customers worldwide.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
2077 Gateway Pl. 400
San Jose, CA 95110
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Arrcus was founded to enrich human experiences by interconnecting people, machines, and data. Our mission is to provide software-powered network transformation for the interconnected world.
Profile
Arrcus LinkedIn Company Profile
Social Media
Arrcus Company Twitter Account
Company News
Arrcus News
Facebook
Arrcus on Facebook
YouTube
Arrcus on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Devesh Garg
  Devesh Garg LinkedIn Profile  Devesh Garg Twitter Account  Devesh Garg News  Devesh Garg on Facebook
Chief Technical Officer
Keyur Patel
  Keyur Patel LinkedIn Profile  Keyur Patel Twitter Account  Keyur Patel News  Keyur Patel on Facebook
VP - Bus. Development
Brad Bratten
  Brad Bratten LinkedIn Profile  Brad Bratten Twitter Account  Brad Bratten News  Brad Bratten on Facebook
VP - Customer Service
Arthi Ayyangar
  Arthi Ayyangar LinkedIn Profile  Arthi Ayyangar Twitter Account  Arthi Ayyangar News  Arthi Ayyangar on Facebook
VP - Engineering
Abhay Roy
  Abhay Roy LinkedIn Profile  Abhay Roy Twitter Account  Abhay Roy News  Abhay Roy on Facebook
VP - Engineering
Derek Yeung
  Derek Yeung LinkedIn Profile  Derek Yeung Twitter Account  Derek Yeung News  Derek Yeung on Facebook
VP - Product Management
Murali Gandluru
  Murali Gandluru LinkedIn Profile  Murali Gandluru Twitter Account  Murali Gandluru News  Murali Gandluru on Facebook


 

 

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Prev: 7/19/2024: Juno venture capital transaction
Next: 7/19/2024: Truvius venture capital transaction

 

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Our team works diligently to report on all VC transactions involving tech companies. VC investment data records on this site come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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