Tech Company Financing Transactions
Xtium Funding Round
Xtium, operating out of King of Prussia, secured $11.5 million from OpenView Venture Partners.
Transaction Overview
Company Name
Announced On
9/23/2011
Transaction Type
Venture Equity
Amount
$11,500,000
Round
Series A
Investors
OpenView Venture Partners (Scott Maxwell)
Proceeds Purpose
The investment will be used to scale sales and marketing, expand the partnership ecosystem, and accelerate delivery of the company's flagship virtual private cloud services.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
650 Park Ave. 220
King of Prussia, PA 19406
USA
King of Prussia, PA 19406
USA
Phone
Website
Email Address
Overview
Founded in 2004, Xtium is the leading infrastructure-as-a-service (IaaS) provider enabling managed private cloud computing, virtual hosting and virtual disaster recovery.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Rode
Chief Technical Officer
Tim Vogel
VP - Bus. Development
David McCrystal
VP - Finance
Fran Smith
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