Tech Company Financing Transactions

RealOps Funding Round

Palomar Ventures and Valhalla Partners participated in a $8 million Series B funding round for RealOps. The funding round was announced on 4/26/2006.

Transaction Overview

Company Name
Announced On
4/26/2006
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series B
Investors

Palomar Ventures (Lead Investor) (James Gauer)

Valhalla Partners (Gene Riechers)

Proceeds Purpose
RealOps will use the funds to accelerate sales, continue to strengthen its market presence in the emerging market of IT process automation, and aggressively expand upon its flagship product, RealOps AMP. With this additional funding, RealOps has raised a total of $14 million since its founding in October 2004.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
2300 Corporate Park Drive 400
Herndon, VA 20171
USA
Email Address
Not Recorded
Overview
RealOps, Inc., a leader in IT service management, delivers proven Integrated Operations Automation software that streamlines and accelerates execution of critical operational service functions.
Profile
RealOps LinkedIn Company Profile
Social Media
RealOps Company Twitter Account
Company News
RealOps News
Facebook
RealOps on Facebook
YouTube
RealOps on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sean McDermott
  Sean McDermott LinkedIn Profile  Sean McDermott Twitter Account  Sean McDermott News  Sean McDermott on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/26/2006: iJET International venture capital transaction
Next: 4/26/2006: Concuity venture capital transaction

 

Share this article

 


About Our Venture Capital Transactions Database

We do our best to record every notable VC transaction. VC investment data records on this site 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

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary