Tech Company Financing Transactions
CloudCoreo Funding Round
On 10/12/2016, CloudCoreo secured $2.9 million in Seed investment from Madrona Venture Group, Aristos Ventures and Data Collective.
Transaction Overview
Company Name
Announced On
10/12/2016
Transaction Type
Venture Equity
Amount
$2,900,000
Round
Seed
Investors
Madrona Venture Group (Lead Investor) (Somar Somasegar)
Proceeds Purpose
The company will use the funds to build out product development and is actively recruiting software and DevOps engineers. CloudCoreo will drive an entirely new level of agility and control for cloud native, multi-cloud and hybrid-cloud applications.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
320 Westlake Blvd. 4th Floor
Seattle, WA 98109
USA
Seattle, WA 98109
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
CloudCoreo is working on a next generation cloud management platform. Our goal is to enable DevOps and SecOps teams to scale efficiently within and across cloud providers.
Management Team
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Where The Data Comes From
We record every notable VC transaction. All VC database entries reported here come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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