Tech Company Financing Transactions

Vertica Systems Funding Round

Vertica Systems, based in Billerica, raised $16.5 million from New Enterprise Associates, Bessemer Venture Partners and Highland Capital Partners.

Transaction Overview

Company Name
Announced On
2/14/2007
Transaction Type
Venture Equity
Amount
$16,500,000
Round
Series B
Investors

New Enterprise Associates (Lead Investor) (Peter Barris)

Bessemer Venture Partners (Felda Hardymon)

Highland Capital Partners (Paul Maeder)

Kleiner Perkins Caufield & Byers (Raymond Lane)

Proceeds Purpose
The latest round of investment will be used to help Vertica bring its product to market.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
8 Federal Street First Floor
Billerica, MA 01821
USA
Email Address
Overview
Co-founded by database research and technology pioneer Dr. Michael Stonebraker and startup veteran Andy Palmer, Vertica has developed ultra-fast database technology for storing and querying very large databases using industry-standard hardware. With its unmatched scalability, flexibilityand ease of use, Vertica's solution will bring corporate database architectures into the 21st century.
Profile
Vertica Systems LinkedIn Company Profile
Social Media
Vertica Systems Company Twitter Account
Company News
Vertica Systems News
Facebook
Vertica Systems on Facebook
YouTube
Vertica Systems on YouTube

Management Team

Title
Name
Email & Social
Chairman
Jerry Held
  Jerry Held LinkedIn Profile  Jerry Held Twitter Account  Jerry Held News  Jerry Held on Facebook
Chief Executive Officer
Ralph Breslauer
  Ralph Breslauer LinkedIn Profile  Ralph Breslauer Twitter Account  Ralph Breslauer News  Ralph Breslauer on Facebook
Chief Financial Officer
Mike Hughes
  Mike Hughes LinkedIn Profile  Mike Hughes Twitter Account  Mike Hughes News  Mike Hughes on Facebook
Chief Technical Officer
Michael Stonebraker
  Michael Stonebraker LinkedIn Profile  Michael Stonebraker Twitter Account  Michael Stonebraker News  Michael Stonebraker on Facebook
VP - Bus. Development
Colin Mahony
  Colin  Mahony LinkedIn Profile  Colin  Mahony Twitter Account  Colin  Mahony News  Colin  Mahony on Facebook
VP - Engineering
Shilpa Lawande
  Shilpa Lawande LinkedIn Profile  Shilpa Lawande Twitter Account  Shilpa Lawande News  Shilpa Lawande on Facebook
VP - Marketing
David Menninger
  David  Menninger LinkedIn Profile  David  Menninger Twitter Account  David  Menninger News  David  Menninger on Facebook
VP - Sales
Tom O'Connell
  Tom O'Connell LinkedIn Profile  Tom O'Connell Twitter Account  Tom O'Connell News  Tom O'Connell on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/14/2007: NextWave Pharmaceuticals venture capital transaction
Next: 2/15/2007: MINO Wireless venture capital transaction

 

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