Tech Company Financing Transactions
Memeo Funding Round
Memeo, based in Campbell, secured $8.1 million from Foundry Group and G-51 Capital.
Transaction Overview
Company Name
Announced On
1/7/2008
Transaction Type
Venture Equity
Amount
$8,100,000
Round
Series B
Investors
Foundry Group (Lead Investor) (Ryan McIntyre)
G-51 Capital (Rudy Garza)
Proceeds Purpose
Although the company is profitable, it will use the additional capital to boost its market position, expand its team, build distribution channels and enhance product innovation and development.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
900 E. Hamilton Plaza 100
Campbell, CA 95008
USA
Campbell, CA 95008
USA
Phone
Website
Email Address
Overview
Memeo is a Silicon Valley-based software and services company focused on providing data management services to consumer, small business and enterprise customers. Founded in 2003, Memeo provides easy-to-use backup, sync and sharing solutions to simplify the protection and accessibility of valuable data.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
George Northup
Chief Technical Officer
Bret Savage
VP - Bus. Development
Steve Owens
VP - Engineering
Paul Reilly
VP - Operations
Ross Eltherington
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