Tech Company Financing Transactions

StorSimple Funding Round

StorSimple closed a $10.5 million Series C funding round on 6/23/2011. Backers included Ignition Partners, Index Ventures and Mayfield Fund.

Transaction Overview

Company Name
StorSimple
Announced On
6/23/2011
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Series C
Investors

Ignition Partners (Lead Investor) (Richard Fade)

Index Ventures (Bernard Dalle)

Mayfield Fund (Navin Chaddha)

Redpoint Ventures (Satish Dharmaraj)

Proceeds Purpose
This latest round brings the company's total funding to $31.5 million and will fund accelerating the growth of the company due to significantly increased demand both in the U.S. and internationally.

Company Information

Company Status
Acquired or Merged
Industry
Storage
Mailing Address
2350 Mission College Blvd 1250
Santa Clara, CA 95054
USA
Phone
(408) 550-2300
Website
www.storsimple.com
Email Address
[email protected]
Overview
StorSimple is a venture-backed company based in Santa Clara, CA, in the heart of Silicon Valley. StorSimple's vision is to solve application-specific challenges that are directly related to storage, and provide customers with the ability to seamlessly and transparently integrate cloud storage services where appropriate.
Profile
StorSimple LinkedIn Company Profile
Social Media
StorSimple Company Twitter Account
Company News
StorSimple News
Facebook
StorSimple on Facebook
YouTube
StorSimple on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ursheet Parikh
  Ursheet Parikh LinkedIn Profile  Ursheet Parikh Twitter Account  Ursheet Parikh News  Ursheet Parikh on Facebook
Chief Scientific Officer
Joel Christner
  Joel Christner LinkedIn Profile  Joel Christner Twitter Account  Joel Christner News  Joel Christner on Facebook
President
Guru Pangal
  Guru Pangal LinkedIn Profile  Guru Pangal Twitter Account  Guru Pangal News  Guru Pangal on Facebook
VP - Engineering
Maurilio Cometto
  Maurilio Cometto LinkedIn Profile  Maurilio Cometto Twitter Account  Maurilio Cometto News  Maurilio Cometto on Facebook
VP - Product Management
Ady Degany
  Ady Degany LinkedIn Profile  Ady Degany Twitter Account  Ady Degany News  Ady Degany on Facebook
VP - Sales
Steve Querner
  Steve Querner LinkedIn Profile  Steve Querner Twitter Account  Steve Querner News  Steve Querner on Facebook

 

 

Browse more venture capital transactions:

Prev: 6/23/2011: Pixtronix venture capital transaction
Next: 6/23/2011: WiSpry venture capital transaction

 

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