Tech Company Financing Transactions
CoolIT Systems Funding Round
CoolIT Systems, operating out of Stamford, secured $25 million from FirstMark Capital, Austin Ventures and Globespan Capital Partners.
Transaction Overview
Company Name
Announced On
8/31/2004
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
FirstMark Capital (Lead Investor) (Gregory Rossmann)
Proceeds Purpose
Funds will be used to scale the company, drive new product innovation and to further expand the company's sales and marketing organization.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
290 Harbor Dr.
Stamford, CT 06902
USA
Stamford, CT 06902
USA
Phone
Website
Email Address
Not Recorded
Overview
CoolIT Systems Inc. is the global leader in Direct Contact Liquid Cooling (DCLC ) for the Data Center and Desktop markets. As an experienced innovator with 44 patents and more than 1.75 million liquid cooling units deployed, CoolIT brings a wealth of design, engineering, and manufacturing knowledge to the table.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter Calverley
Vice President
Ian Graham
VP - Engineering
Michael Holden
VP - Operations
Patrick McGinn
VP - Product Management
Brydon Gierl
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