Tech Company Financing Transactions

Lightbend Funding Round

Lightbend closed a $15 million Series D financing round on 7/13/2017. Investors included IBM Ventures, Bain Capital Ventures and Blue Cloud Ventures.

Transaction Overview

Company Name
Lightbend
Announced On
7/13/2017
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series D
Investors

IBM Ventures (Lead Investor) (Bob Lord)

Bain Capital Ventures (Salil Deshpande)

Blue Cloud Ventures (Rami Rahal)

Intel Capital (Vibhor Rastogi)

Juniper Networks

Shasta Ventures (Jason Pressman)

Proceeds Purpose
The strategic investment includes a collaboration in which IBM and Lightbend will create new code, tools and documentation that will help developers build Java- and Scala-based applications on the Lightbend Reactive Platform. It is anticipated to integrate WebSphere and key offerings across IBM Cloud, including app management services, the Watson Data Platform and the more than 150 services across cognitive intelligence, data analytics, Internet of Things, security, DevOps, and blockchain available to developers through the IBM Cloud.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
625 Market St. 10th Floor
San Francisco, CA 94105
USA
Phone
877-989-7372
Website
www.lightbend.com
Email Address
[email protected]
Overview
The Lightbend Reactive Platform. Helping developers build high-performance applications that are responsive, resilient, elastic and message-driven.
Profile
Lightbend LinkedIn Company Profile
Social Media
Lightbend Company Twitter Account
Company News
Lightbend News
Facebook
Lightbend on Facebook
YouTube
Lightbend on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mark Brewer
  Mark Brewer LinkedIn Profile  Mark Brewer Twitter Account  Mark Brewer News  Mark Brewer on Facebook
Chief Technical Officer
Jonas Bonér
  Jonas Bonér LinkedIn Profile  Jonas Bonér Twitter Account  Jonas Bonér News  Jonas Bonér on Facebook
VP - Bus. Development
Brad Murdoch
  Brad Murdoch LinkedIn Profile  Brad Murdoch Twitter Account  Brad Murdoch News  Brad Murdoch on Facebook
VP - Engineering
Sushila Sahay
  Sushila Sahay LinkedIn Profile  Sushila Sahay Twitter Account  Sushila Sahay News  Sushila Sahay on Facebook
VP - Marketing
Kathleen Hayes
  Kathleen Hayes LinkedIn Profile  Kathleen Hayes Twitter Account  Kathleen Hayes News  Kathleen Hayes on Facebook
VP - Product Management
Karl Wehden
  Karl Wehden LinkedIn Profile  Karl Wehden Twitter Account  Karl Wehden News  Karl Wehden on Facebook

 

 

Browse more venture capital transactions:

Prev: 7/13/2017: Wellframe venture capital transaction
Next: 7/13/2017: Rewired Solutions venture capital transaction

 

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