Tech Company Financing Transactions
DevRev Funding Round
On 8/11/2024, DevRev raised $100 million in Series A investment from Khosla Ventures, Mayfield Fund and private investors.
Transaction Overview
Company Name
Announced On
8/11/2024
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Series A
Investors
Khosla Ventures (Lead Investor)
Mayfield Fund (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
736 Garland Dr.
Palo Alto, CA 94303
USA
Palo Alto, CA 94303
USA
Phone
Undisclosed
Website
Email Address
Overview
DevRev was founded by Dheeraj Pandey, former CEO of Nutanix and Manoj Agarwal, former executive at Nutanix. Dheeraj founded Nutanix and led the company to the biggest technology IPO in 2016. Last year, both Dheeraj and Manoj left the company to found DevRev. We recently announced our seed funding, one of the largest ever in the history of Silicon Valley.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Manoj Agarwal
Co-Founder
Dheeraj Pandey
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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