Tech Company Financing Transactions
Vast Systems Technology Funding Round
On 5/23/2005, Vast Systems Technology raised $12 million in Series C funding from Foundation Capital and Mohr Davidow Ventures.
Transaction Overview
Company Name
Announced On
5/23/2005
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series C
Investors
Foundation Capital (Lead Investor) (Michael Schuh)
Proceeds Purpose
The money will be used to increase R&D and field support resources, the company said.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
1250 Oakmead Parkway 310
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Website
Email Address
Overview
VaST's advanced simulation and modeling technology has enabled it to assume a world leadership position in virtual system prototyping, a critical technology and methodology for the development of complex embedded systems.
Management Team
Title
Name
Email & Social
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