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
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.
Profile
SaltStack LinkedIn Company Profile
Social Media
SaltStack Company Twitter Account
Company News
SaltStack News
Facebook
SaltStack on Facebook
YouTube
SaltStack on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Marc Chenn
  Marc Chenn LinkedIn Profile  Marc Chenn Twitter Account  Marc Chenn News  Marc Chenn on Facebook
Chief Technical Officer
Thomas Hatch
  Thomas Hatch LinkedIn Profile  Thomas Hatch Twitter Account  Thomas Hatch News  Thomas Hatch on Facebook
VP - Marketing
Rhett Glauser
  Rhett Glauser LinkedIn Profile  Rhett Glauser Twitter Account  Rhett Glauser News  Rhett Glauser on Facebook
VP - Operations
Chad Latimer
  Chad Latimer LinkedIn Profile  Chad Latimer Twitter Account  Chad Latimer News  Chad Latimer on Facebook
VP - Product Management
Alexander Peay
  Alexander Peay LinkedIn Profile  Alexander Peay Twitter Account  Alexander Peay News  Alexander Peay on Facebook
VP - Sales
Jacque White
  Jacque White LinkedIn Profile  Jacque White Twitter Account  Jacque White News  Jacque White on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/15/2018: Stealth Security venture capital transaction
Next: 2/15/2018: Vivino venture capital transaction

 

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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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