Tech Company Financing Transactions
InMage Systems Funding Round
On 9/24/2008, InMage Systems raised $15 million in Series C funding from Intel Capital and HWVP.
Transaction Overview
Company Name
Announced On
9/24/2008
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series C
Investors
Intel Capital (Lead Investor) (Bryan Wolf)
HWVP (Douglas Hickey)
Proceeds Purpose
This investment will be used to expand InMage's North American sales channels and accelerate worldwide expansion, with an emphasis in Europe, the Middle East and Africa (EMEA) and Asia-Pacific (APAC) regions. Funds will also be directed toward product development and engineering of DR-Scout, InMage's flagship disaster recovery (DR) and business continuity software.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
100 Century Center Court 705
San Jose, CA 95112
USA
San Jose, CA 95112
USA
Phone
Website
Email Address
Overview
InMage was founded to improve upon previous business continuity measures that relied on decades-old approaches. Our mission is to ensure that business-critical data is always available, locally and/or at remote sites, in a cost-effective, scalable, non-disruptive and future-proof manner.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Ferraro
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