Tech Company Financing Transactions
SourceLabs Funding Round
SourceLabs closed a $7 million Series B funding round on 10/27/2006. Investors included Ignition Partners, Index Ventures and Madrona Venture Group.
Transaction Overview
Company Name
Announced On
10/27/2006
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series B
Investors
Proceeds Purpose
The company will use the additional
funds to fuel the growth of its core business of providing enterprises with
solutions that realize the tremendous cost savings and flexibility of open
source infrastructure software in a low-risk manner.
Company Information
Company Status
Out of Business
Industry
Software
Mailing Address
411 First Ave S. 750
Seattle, WA 98104
USA
Seattle, WA 98104
USA
Phone
Website
Email Address
Overview
SourceLabs, based in Seattle, Washington, provides the complete set ofsoftware integration, testing, support and maintenance solutions requiredto deliver dependable open source systems for large enterprises.
Management Team
Browse more venture capital transactions:
Prev: 10/26/2006: Extricom venture capital transaction
Next: 10/30/2006: Spot Runner venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs