Tech Company Financing Transactions
RenewData Funding Round
ABS Capital Partners participated in a $30 million Series C capital raise for RenewData. The round was announced on 8/17/2006.
Transaction Overview
Company Name
Announced On
8/17/2006
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series C
Investors
ABS Capital Partners (Lead Investor) (Bobby Goswami)
Proceeds Purpose
The proceeds will be used to fund expansion of electronic discovery service offerings, development of expanded product capabilities for searching and managing multi-terabyte archives, ingestion of new types of email and IM messages and increasing the size of the sales organization.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
9500 Arboretum Blvd. L2-120
Austin, TX 78759
USA
Austin, TX 78759
USA
Phone
Website
Email Address
Overview
RenewData is a leader in Information Governance solutions, providing full-service email archiving, compliance and electronic discovery solutions that enable corporations and law firms to manage digital data, email and user files as evidence.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Christopher Weiler
Chief Financial Officer
Douglas Strahan
Chief Scientific Officer
Andy Kraftsow
VP - Marketing
Linda Kish
VP - Product Management
Gina Tribuzzo
Browse more venture capital transactions:
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Next: 8/21/2006: Bivio Networks venture capital transaction
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We do our best to record all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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