Tech Company Financing Transactions
Tegile Systems Funding Round
Tegile Systems closed a $35 million Series C funding round on 8/6/2013. Investors included Meritech Capital Partners, August Capital and SanDisk Ventures.
Transaction Overview
Company Name
Announced On
8/6/2013
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series C
Investors
Meritech Capital Partners (Lead Investor) (Paul Madera)
August Capital (Vivek Mehra)
Proceeds Purpose
The completion of Tegile's "scaling round" allows the company to rapidly accelerate the expansion of its proven technology and successful go-to-market strategy by utilizing the capital raised to further strengthen its sales and customer support efforts throughout its North American and European channels and to accelerate its new product/technology development.
Company Information
Company Status
Acquired or Merged
Industry
Storage
Mailing Address
7999 Gateway Blvd 120
Newark, CA 94560
USA
Newark, CA 94560
USA
Phone
Website
Email Address
Overview
Tegile Systems is pioneering a new generation of enterprise storage arrays that balance performance, capacity, features and price for virtualization, file services and database applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rohit Kshetrapal
Chief Financial Officer
Michael Morgan
Chief Marketing Officer
Narayan Venkat
Chief Technical Officer
Rajesh Nair
VP - Customer Service
Pat Petroskey
VP - Sales
David Bangs
Browse more venture capital transactions:
Prev: 8/6/2013: enGene venture capital transaction
Next: 8/6/2013: ATRP Solutions venture capital transaction
Share this article
News on VC Transactions
We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs