Tech Company Financing Transactions
Soasta Funding Round
Soasta closed a $30 million venture capital round on 3/25/2016. Investors included Tennenbaum Capital Partners, Canaan Partners and Formative Ventures.
Transaction Overview
Company Name
Announced On
3/25/2016
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Tennenbaum Capital Partners (Lead Investor)
Canaan Partners (John Balen)
Formative Ventures (Clint Chao)
Proceeds Purpose
The new round of funding will be used to restructure existing debt and provide additional growth capital to continue to drive SOASTA's leadership in the Digital Performance Management (DPM) space.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
444 Castro St. 4th Floor
Mountain View, CA 94041
USA
Mountain View, CA 94041
USA
Phone
Website
Email Address
Overview
SOASTA is a leader in cloud and mobile testing. Its web and mobile test automation solution, CloudTest and TouchTest enables developers, QA professionals and IT operations teams to test with unprecedented speed, scale and precision.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Ken Gardner
Chief Executive Officer
Tom Lounibos
Chief Financial Officer
Pete Boyes
Chief Marketing Officer
Ann Ruckstuhl
Chief Technical Officer
Matt Solnit
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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