Tech Company Financing Transactions
Terrascale Technologies Funding Round
Terrascale Technologies, based in Montreal QC, scored $2.8 million in investment from Entrepia.
Transaction Overview
Company Name
Announced On
4/21/2004
Transaction Type
Venture Equity
Amount
$2,750,000
Round
Series A
Investors
Entrepia (Lead Investor) (Gene Kawaratani)
Proceeds Purpose
Terrascale will strategically invest its newly acquired capital in increased research and development, sales, marketing and business development initiatives, and the recruitment of new personnel.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
407 McGill 1002
Montreal QC, H2Y 2G3
Canada
Montreal QC, H2Y 2G3
Canada
Phone
Website
Email Address
Not Recorded
Overview
Terrascale Technologies develops next-generation software solutions that enable existing serial applications to become high-performance, linearly scalable and massively parallel solutions that run on commodity Linux servers and networks.
Management Team
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