Tech Company Financing Transactions

PowerFile Funding Round

On 7/27/2007, PowerFile secured $10 million in Series C investment from Northgate Capital, Sequoia Capital and Silver Creek Ventures.

Transaction Overview

Company Name
Announced On
7/27/2007
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series C
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Out of Business
Industry
Enterprise IT
Mailing Address
1165 Triton Drive
Foster City, CA 94404
USA
Email Address
Overview
PowerFile, Inc. is the innovator in active archiving appliances for permanent storage of digital content and assets. The company's award-winning storage solutions combine the speed and simplicity of online access with better economics and integrity compared to traditional archives, empowering organizations of all sizes to efficiently manage, secure, and preserve valuable digital assets.
Profile
PowerFile LinkedIn Company Profile
Social Media
PowerFile Company Twitter Account
Company News
PowerFile News
Facebook
PowerFile on Facebook
YouTube
PowerFile on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kirk Dunn
  Kirk Dunn LinkedIn Profile  Kirk Dunn Twitter Account  Kirk Dunn News  Kirk Dunn on Facebook
VP - Engineering
Dave Loewith
  Dave Loewith LinkedIn Profile  Dave Loewith Twitter Account  Dave Loewith News  Dave Loewith on Facebook
VP - Sales
Steven Velardi
  Steven  Velardi LinkedIn Profile  Steven  Velardi Twitter Account  Steven  Velardi News  Steven  Velardi on Facebook


 

 

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Prev: 7/27/2007: Xanodyne Pharmaceuticals venture capital transaction
Next: 7/30/2007: Qlusters venture capital transaction

 

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We report on all VC transactions involving tech companies. VC investment data records on this site are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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