Tech Company Financing Transactions
ScaleIO Funding Round
ScaleIO closed a $12 million funding round on 12/5/2012. Investors included Greylock Partners and Norwest Venture Partners.
Transaction Overview
Company Name
Announced On
12/5/2012
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors
Greylock Partners (Yoram Snir)
Norwest Venture Partners (Dror Nahumi)
Proceeds Purpose
The company will use the funding to expand its field operations in response to growing demand by enterprises and service providers for the ScaleIO ECS software product.
Company Information
Company Status
Acquired or Merged
Industry
Storage
Mailing Address
525 University Avenue 800
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
ScaleIO ECS is a software-only solution that uses application hosts' local disks to realize a virtual SAN that is comparable to or better than external SAN storage, but at a fraction of the cost and complexity.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Boaz Palgi
Chief Technical Officer
Erez Webman
Co-Founder
Lior Bahat
Co-Founder
Eran Borovik
Co-Founder
Erez Ungar
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