Tech Company Financing Transactions
Arcion Labs Funding Round
On 3/4/2022, Arcion Labs received $13 million in Series A investment from Bessemer Venture Partners and Databricks.
Transaction Overview
Company Name
Announced On
3/4/2022
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series A
Investors
Bessemer Venture Partners (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
Enterprise IT
Mailing Address
16 N San Mateo Dr.
San Mateo, CA 94401
USA
San Mateo, CA 94401
USA
Phone
Undisclosed
Website
Email Address
Overview
Arcion was founded to solve a problem faced in nearly every sphere of information technology - move high volumes of data, in real-time, between transactional databases, applications, and cloud platforms. The goal was to create a single, unified platform that would address all of the data accessibility pain points and empower a variety of real-time use cases across industries.
Management Team
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