Tech Company Financing Transactions

BlueArc Funding Round

Investor Growth Capital, Crosslink Capital and Meritech Capital Partners invested in a $20 million capital raise for BlueArc. The round was announced on 7/28/2010.

Transaction Overview

Company Name
Announced On
7/28/2010
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors

Investor Growth Capital (Lead Investor) (Jose Suarez)

Crosslink Capital (Michael Stark)

Meritech Capital Partners (Paul Madera)

Morgenthaler Ventures (Gary Morgenthaler)

Proceeds Purpose
This funding will help us to further ramp development and allow us to increase headcount and strategic investment in all areas, including engineering and customer facing sales and marketing.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
50 Rio Robles Dr.
San Jose, CA 95134
USA
Email Address
Overview
BlueArc Corporation changes the economics of network storage by helping customers manage more information with less effort. BlueArc's Titan storage systems enable organizations to maximize performance and reduce operating costs through the movement of software functions into programmable hardware.
Profile
BlueArc LinkedIn Company Profile
Social Media
BlueArc Company Twitter Account
Company News
BlueArc News
Facebook
BlueArc on Facebook
YouTube
BlueArc on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mike Gustafson
  Mike Gustafson LinkedIn Profile  Mike Gustafson Twitter Account  Mike Gustafson News  Mike Gustafson on Facebook
Chief Financial Officer
Rick Martig
  Rick Martig LinkedIn Profile  Rick Martig Twitter Account  Rick Martig News  Rick Martig on Facebook
Chief Technical Officer
Shmuel Shottan
  Shmuel Shottan LinkedIn Profile  Shmuel Shottan Twitter Account  Shmuel Shottan News  Shmuel Shottan on Facebook
VP - Engineering
Carlo Garbagnati
  Carlo Garbagnati LinkedIn Profile  Carlo Garbagnati Twitter Account  Carlo Garbagnati News  Carlo Garbagnati on Facebook
VP - Human Resources
Jean Okawaki
  Jean Okawaki LinkedIn Profile  Jean Okawaki Twitter Account  Jean Okawaki News  Jean Okawaki on Facebook
VP - Marketing
Bridget Warwick
  Bridget Warwick LinkedIn Profile  Bridget Warwick Twitter Account  Bridget Warwick News  Bridget Warwick on Facebook
VP - Operations
Robert Harvey
  Robert Harvey LinkedIn Profile  Robert Harvey Twitter Account  Robert Harvey News  Robert Harvey on Facebook


 

 

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About Our Venture Capital Transactions Database

We report on funding rounds that are announced publicly. VC investment data records reported here are derived from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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