Tech Company Financing Transactions

ClearDATA Funding Round

On 5/28/2015, ClearDATA raised $25 million in Series C funding from Excel Venture Management, Flare Capital Partners and Heritage Group.

Transaction Overview

Company Name
ClearDATA
Announced On
5/28/2015
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series C
Investors

Excel Venture Management (Caleb Winder)

Flare Capital Partners

Heritage Group

HLM Venture Partners (Marty Felsenthal)

Merck Global Health Innovation Fund (Joseph Volpe)

Norwest Venture Partners (Robert Abbott)

Proceeds Purpose
The investment will be used to maximize the cloud company's growth in the market for health information technology cloud computing, supporting its fourth consecutive year of 100+% YOY subscription revenue growth.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
835 West Sixth St. 12th Floor
Austin, TX 78703
USA
Phone
(602) 635-4000
Website
www.cleardata.com
Email Address
[email protected]
Overview
ClearDATA provides HIPAA compliant cloud hosting, backup, disaster recovery and information security services exclusively for the healthcare industry.
Profile
ClearDATA LinkedIn Company Profile
Social Media
ClearDATA Company Twitter Account
Company News
ClearDATA News
Facebook
ClearDATA on Facebook
YouTube
ClearDATA on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Darin Brannan
  Darin Brannan LinkedIn Profile  Darin Brannan Twitter Account  Darin Brannan News  Darin Brannan on Facebook
Chief Information Officer
Christopher Bowen
  Christopher Bowen LinkedIn Profile  Christopher Bowen Twitter Account  Christopher Bowen News  Christopher Bowen on Facebook
Chief Technical Officer
Matthew Ferrari
  Matthew Ferrari LinkedIn Profile  Matthew Ferrari Twitter Account  Matthew Ferrari News  Matthew Ferrari on Facebook
Vice President
Carl Kunkleman
  Carl Kunkleman LinkedIn Profile  Carl Kunkleman Twitter Account  Carl Kunkleman News  Carl Kunkleman on Facebook
VP - Human Resources
Sue Darrow
  Sue Darrow LinkedIn Profile  Sue Darrow Twitter Account  Sue Darrow News  Sue Darrow on Facebook

 

 

Browse more venture capital transactions:

Prev: 5/28/2015: Mapsense venture capital transaction
Next: 5/28/2015: Viveve Medical venture capital transaction

 

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