Tech Company Financing Transactions

Scale Computing Funding Round

Morgan Stanley Expansion Capital joined a $55 million funding round for Scale Computing. This VC investment round was announced on 7/12/2022.

Transaction Overview

Company Name
Announced On
7/12/2022
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Undisclosed
Investors

Morgan Stanley Expansion Capital (Lead Investor) (Pete Chung)

Proceeds Purpose
Scale Computing will use the new funds to expand their leadership position in edge computing, including investments in people, R&D, and restructuring of debt. Scale Computing will continue expanding the capabilities of its edge computing, virtualization, and hyperconverged solutions to meet increased market demand.

Company Information

Company Status
Private & Independent
Industry
Storage
Mailing Address
525 S. Meridian 3E
Indianapolis, IN 46225
USA
Phone
Undisclosed
Email Address
Overview
Scale Computing was founded to reduce storage costs, increase your control, and make managing storage much more convenient. We call it the Three Cs. Others call it the emergence of Third Generation storage. Our customers simply call it better storage.
Profile
Scale Computing LinkedIn Company Profile
Social Media
Scale Computing Company Twitter Account
Company News
Scale Computing News
Facebook
Scale Computing on Facebook
YouTube
Scale Computing on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jeff Ready
  Jeff Ready LinkedIn Profile  Jeff Ready Twitter Account  Jeff Ready News  Jeff Ready on Facebook
Chief Financial Officer
Tim Harvey
  Tim Harvey LinkedIn Profile  Tim Harvey Twitter Account  Tim Harvey News  Tim Harvey on Facebook
Chief Operating Officer
Clint McVey
  Clint McVey LinkedIn Profile  Clint McVey Twitter Account  Clint McVey News  Clint McVey on Facebook
Chief Technical Officer
Jason Collier
  Jason Collier LinkedIn Profile  Jason Collier Twitter Account  Jason Collier News  Jason Collier on Facebook
VP - Product Management
Dave Demlow
  Dave Demlow LinkedIn Profile  Dave Demlow Twitter Account  Dave Demlow News  Dave Demlow on Facebook
VP - Product Management
Scott Loughmiller
  Scott Loughmiller LinkedIn Profile  Scott Loughmiller Twitter Account  Scott Loughmiller News  Scott Loughmiller on Facebook


 

 

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Next: 7/12/2022: Pattern Brands venture capital transaction

 

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