Tech Company Financing Transactions
Terascala Funding Round
On 4/19/2012, Terascala raised $14 million in Series B funding from Ascent Venture Partners, Intel Capital and private investors.
Transaction Overview
Company Name
Announced On
4/19/2012
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Series B
Investors
Ascent Venture Partners (Walter Dick)
Proceeds Purpose
Terascala will use the funding to significantly expand research and development, marketing, customer support, to develop strategic alliances, and to fuel international expansion.
Company Information
Company Status
Private & Independent
Industry
Storage
Mailing Address
145 Bodwell St. Building 1 Floor 2
Avon, MA 02322
USA
Avon, MA 02322
USA
Phone
Website
Email Address
Overview
Terascala is designing new scalable storage appliances that balance the needs of Linux clusters from moderate sizes to the largest clusters being employed.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steve Butler
VP - Engineering
Peter Piela
VP - Marketing
Alan Swahn
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