Tech Company Financing Transactions
SaltStack Funding Round
SaltStack, based in Lehi, secured $15.5 million from Mercato Partners, Deep Fork Capital and EPIC Ventures.
Transaction Overview
Company Name
Announced On
2/15/2018
Transaction Type
Venture Equity
Amount
$15,500,000
Round
Series A
Investors
Proceeds Purpose
SaltStack will use this investment to hire talent across the organization, with specific emphasis on increasing its product and engineering output and extending sales and marketing programs to accelerate customer adoption of SaltStack Enterprise.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
2801 N. Thanksgiving Way 150
Lehi, UT 84043
USA
Lehi, UT 84043
USA
Phone
Website
Email Address
Overview
SaltStack develops intelligent orchestration software to help enterprise IT organizations more efficiently secure and manage all aspects of the software-defined data center. SaltStack is unique in providing event-driven automation for the scalable and efficient configuration and control of compute, storage and network complexity.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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