Tech Company M&A Transactions

RedCloud Acquisition

Headquartered in Sterling, RedCloud was purchased by Avigilon. Financial terms set the valuation at $17 million.

Transaction Overview

Company Name
Acquired By
Announced On
6/3/2013
Transaction Type
M&A
Amount
$17,000,000
M&A Terms
Avigilon paid $17 million in cash to purchase the entire RedCloud business.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
45610 Woodland Rd. 130
Sterling, VA 20166
USA
Email Address
Not Recorded
Overview
RedCloud, formerly known as PlaSec, is a revolutionary access control solution, engineered from the ground up by IT and security veterans to deliver a new standard in performance, integration and efficiency that can only be achieved through convergence.
Profile
RedCloud LinkedIn Company Profile
Social Media
RedCloud Company Twitter Account
Company News
RedCloud News
Facebook
RedCloud on Facebook
YouTube
RedCloud on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David Basil
  David Basil LinkedIn Profile  David Basil Twitter Account  David Basil News  David Basil on Facebook
President
Terry Neely
  Terry Neely LinkedIn Profile  Terry Neely Twitter Account  Terry Neely News  Terry Neely on Facebook
VP - Engineering
Ted Lepich
  Ted Lepich LinkedIn Profile  Ted Lepich Twitter Account  Ted Lepich News  Ted Lepich on Facebook
VP - Marketing
Kevin Wine
  Kevin Wine LinkedIn Profile  Kevin Wine Twitter Account  Kevin Wine News  Kevin Wine on Facebook
VP - Sales
Terry Vellek
  Terry Vellek LinkedIn Profile  Terry Vellek Twitter Account  Terry Vellek News  Terry Vellek on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/3/2013: Coskata venture capital transaction
Next: 6/4/2013: InsightSquared venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on every notable VC transaction. All VC database entries reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary