Tech Company Financing Transactions
DBassociatesIT Funding Round
DBassociatesIT, based in Burlington, secured $9 million from Insight Venture Partners.
Transaction Overview
Company Name
Announced On
2/11/2004
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Series A
Investors
Insight Venture Partners (Scott Maxwell)
Proceeds Purpose
The funding will be used to expand the company's US operations highlighted by the opening of its new world-wide headquarters in Burlington, Massachusetts, as well as to dramatically expand the company's sales and marketing force.
Company Information
Company Status
Out of Business
Industry
Enterprise IT
Mailing Address
Undisclosed
Burlington, MA 01803
USA
Burlington, MA 01803
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
DBassociatesIT is a provider of backup and recovery solutions for Microsoft SQL Server.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Douglas Chrystall
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We do our best to record every notable VC transaction. VC transactions on this site come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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