Tech Company Financing Transactions
XOsoft Funding Round
On 7/7/2004, XOsoft received $9 million in financing from JK&B Capital.
Transaction Overview
Company Name
Announced On
7/7/2004
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Undisclosed
Investors
JK&B Capital (Marc Sokol)
Proceeds Purpose
XOsoft will use this funding to bolster its sales and marketing initiatives, to expand its number of channel partnerships and to integrate its software more tightly with major server and database platforms.
Company Information
Company Status
Acquired or Merged
Industry
Storage
Mailing Address
1601 Trapelo Road
Waltham, MA 02451
USA
Waltham, MA 02451
USA
Phone
Website
Email Address
Not Recorded
Overview
CA has extended its storage management portfolio with the acquisition of XOsoft, Inc. The acquisition enables CA to offer a complete recovery management solution that allows customers to reduce the risk of data loss, reduce the time spent on backups and accelerate recovery of critical business services.
Management Team
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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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