Tech Company Financing Transactions

Excelero Funding Round

Excelero closed a $30 million Series B funding round on 11/8/2017. Backers included Battery Ventures, private investors and Qualcomm Ventures.

Transaction Overview

Company Name
Announced On
11/8/2017
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors

Battery Ventures (Lead Investor) (Itzik Parnafes)

private investors (David Flynn)

Qualcomm Ventures (Merav Weinryb)

Square Peg Ventures

Proceeds Purpose
Qualcomm's funds will help Excelero expand its sales, marketing and product development teams to more rapidly meet the demand for the hyperscale data center of tomorrow.

Company Information

Company Status
Acquired or Merged
Industry
Storage
Mailing Address
75 E Santa Clara St. 6th Floor
San Jose, CA 95113
USA
Email Address
Overview
Founded in 2014 by a team of storage veterans and inspired by the Tech Giants' shared-nothing architectures for web-scale applications, the company has created a Software-Defined Block Storage solution that meets performance and scalability requirements of the largest web-scale and enterprise applications.
Profile
Excelero LinkedIn Company Profile
Social Media
Excelero Company Twitter Account
Company News
Excelero News
Facebook
Excelero on Facebook
YouTube
Excelero on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Lior Gal
  Lior Gal LinkedIn Profile  Lior Gal Twitter Account  Lior Gal News  Lior Gal on Facebook
Chief Scientific Officer
Omri Mann
  Omri Mann LinkedIn Profile  Omri Mann Twitter Account  Omri Mann News  Omri Mann on Facebook
Chief Technical Officer
Yaniv Romem
  Yaniv Romem LinkedIn Profile  Yaniv Romem Twitter Account  Yaniv Romem News  Yaniv Romem on Facebook
Chief Technical Officer
Kirill Shoikhet
  Kirill Shoikhet LinkedIn Profile  Kirill Shoikhet Twitter Account  Kirill Shoikhet News  Kirill Shoikhet on Facebook
VP - Marketing
Thomas Leyden
  Thomas Leyden LinkedIn Profile  Thomas Leyden Twitter Account  Thomas Leyden News  Thomas Leyden on Facebook
VP - R & D
Ofer Oshri
  Ofer Oshri LinkedIn Profile  Ofer Oshri Twitter Account  Ofer Oshri News  Ofer Oshri on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/8/2017: Resonate Networks venture capital transaction
Next: 11/8/2017: NeuVector venture capital transaction

 

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Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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