Tech Company Financing Transactions
Kollective Funding Round
On 5/17/2016, Kollective raised $12.2 million in Series C funding from Cross Creek Capital, Hatteras Venture Partners and MK Capital.
Transaction Overview
Company Name
Announced On
5/17/2016
Transaction Type
Venture Equity
Amount
$12,249,943
Round
Series C
Investors
Cross Creek Capital (Karey Barker)
MK Capital (Mark Koulogeorge)
Pritzker Group Venture Capital (Adam Koopersmith)
Proceeds Purpose
The company intends to use the money to fund operations for its cloud-based solution that utilizes the power of Software Defined Networking to address enterprise content delivery problems for video, software updates and other large, complex files. In addition, the investment will be leveraged to augment Kollective's already successful Microsoft Skype Meeting Broadcast partnership and fuel strategic growth including sales and R&D, as well as expand the Company's efforts in China, India, Hong Kong, Japan, Korea and Singapore to meet significant market and product demand.
Company Information
Company Status
Private & Independent
Industry
Networking
Mailing Address
549 NW York Dr. 260
Bend, OR 97703
USA
Bend, OR 97703
USA
Phone
Website
Email Address
Overview
Kollective offers cloud-based solutions that utilize the power of Software Defined Networking to bring immediate value to enterprise IT without requiring new hardware. Kollective drives a significant ROI and turns the promise of software defined content delivery into reality.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Vetras
Chief Marketing Officer
Eric Nguyen
Chief Technical Officer
John Wainwright
Vice President
Jay Gordon
VP - Customer Service
Michael Lyons
VP - Operations
Karen Castagnera
VP - Sales
Craig Gordon
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We document every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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