Tech Company Financing Transactions
SiCortex Funding Round
SiCortex, based in Maynard, secured $10 million from Hercules Technology Growth Capital.
Transaction Overview
Company Name
Announced On
7/25/2007
Transaction Type
Debt
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The debt funding, from California-based Hercules Technology Growth Capital, is aimed at helping the company accelerate production and sales and marketing efforts in response to demand for its products, according to SiCortex officials.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
Three Clock Tower Place 210
Maynard, MA 01754
USA
Maynard, MA 01754
USA
Phone
Website
Email Address
Overview
SiCortex is a new computer company based in the Boston area, with a mission to design, build, and market next generation Linux clusters for demanding technical applications.
Management Team
Title
Name
Email & Social
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