Tech Company Financing Transactions
Instruqt Funding Round
Instruqt closed a $16.8 million Series A venture capital round on 5/5/2023. Investors included Blossom Capital.
Transaction Overview
Company Name
Announced On
5/5/2023
Transaction Type
Venture Equity
Amount
$16,816,000
Round
Series A
Investors
Blossom Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Laapersveld 27
1213 VB, Hilversum
NL
1213 VB, Hilversum
NL
Phone
Website
Email Address
Overview
It all started when a team of engineers at Xebia, a leading information technology service company in the Netherlands, co-organized Hashicorp's first European conference. Their assignment was to introduce visitors to Hashicorp products. The team created sandbox environments based on the HashiCorp tools (Nomad, Consul, Terraform, and Vault). It gave visitors a series of puzzles designed to let them experience the tools firsthand by solving challenges. About ? of the delegates participated. Some even went back to the hotel to finish all the challenges because the wifi signal was stronger. The visitors came to learn one tool but left with hands-on experience in all of them.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 5/5/2023: Praktis venture capital transaction
Next: 5/5/2023: Tasty Urban venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We report on all VC transactions involving tech companies. VC transactions reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs