Tech Company Financing Transactions
Verity Funding Round
Verity, operating out of Sunnyvale, secured $32 million from A.P. Moller Holding, EXOR and private investors.
Transaction Overview
Company Name
Announced On
3/14/2023
Transaction Type
Venture Equity
Amount
$32,000,000
Round
Series B
Investors
A.P. Moller Holding (Lead Investor)
Proceeds Purpose
The Swiss company plans to use the capital to speed up the rollout of its autonomous inventory drone system to meet a growing backlog of deployments.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
894 Ross Drive
Sunnyvale, CA 94089
USA
Sunnyvale, CA 94089
USA
Phone
Website
Email Address
Not Recorded
Overview
Verity Inc., (NASDAQ: VRTY) is a leading provider of enterprise software that enables organizations to maximize the return on their intellectual capital investment.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Lynch
Chief Marketing Officer
Nicole Eaganq
Chief Operating Officer
Andrew Kanter
Chief Technical Officer
Peter Menell
President
Frank Pao
Vice President
Suresh Ramaswamy
VP - Marketing
Roger Woolley
VP - Operations
Ian Black
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