Tech Company Financing Transactions
Sarvega Funding Round
Sarvega, based in Oakbrook Terrace, received $10 million from Bessemer Venture Partners, Fuse Capital and InterWest Partners.
Transaction Overview
Company Name
Announced On
6/11/2003
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Proceeds Purpose
Sarvega will use the additional funds to continue its sales and marketing thrust to strengthen the market leadership position of its intelligent XML appliances.
Company Information
Company Status
Acquired or Merged
Industry
Infrastructure
Mailing Address
1815 S. Meyers Road 150
Oakbrook Terrace, IL 60181
USA
Oakbrook Terrace, IL 60181
USA
Phone
Website
Email Address
Not Recorded
Overview
Sarvega, Inc. is a leader in developing and delivering web services infrastructure solutions that deliver high performance in the processing of XML while reducing capital and operating costs.
Management Team
Browse more venture capital transactions:
Prev: 6/11/2003: Procuri venture capital transaction
Next: 6/16/2003: Trusted Network Technologies venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on every notable VC transaction. All VC database entries reported here come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs