Tech Company Financing Transactions

Axcient Funding Round

Axcient, based in Denver, raised $15.5 million from Scale Venture Partners, Allegis Capital and Peninsula Ventures.

Transaction Overview

Company Name
Axcient
Announced On
10/3/2011
Transaction Type
Venture Equity
Amount
$15,500,000
Round
Series C
Investors

Scale Venture Partners (Lead Investor) (Rory O'Driscoll)

Allegis Capital (Peter Bodine)

Peninsula Ventures (Gregory Robinson)

Thomvest Ventures

Proceeds Purpose
In addition to expanding its platform, Axcient plans to triple its sales and marketing department and aggressively target the millions of businesses that still rely on legacy tape systems to protect their data.

Company Information

Company Status
Private & Independent
Industry
Storage
Mailing Address
707 17th St. 3900
Denver, CO 80202
USA
Phone
720-204-4500
Website
www.axcient.com
Email Address
[email protected]
Overview
Protect and recover everything, anywhere with Axcient's data recovery service. Replace legacy products with our easy-to-use data backup solutions. 
Profile
Axcient LinkedIn Company Profile
Social Media
Axcient Company Twitter Account
Company News
Axcient News
Facebook
Axcient on Facebook
YouTube
Axcient on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Justin Moore
  Justin Moore LinkedIn Profile  Justin Moore Twitter Account  Justin Moore News  Justin Moore on Facebook
Chief Operating Officer
Jeffrey Cummings
  Jeffrey Cummings LinkedIn Profile  Jeffrey Cummings Twitter Account  Jeffrey Cummings News  Jeffrey Cummings on Facebook
Chief Technical Officer
Kevin Hoffman
  Kevin Hoffman LinkedIn Profile  Kevin Hoffman Twitter Account  Kevin Hoffman News  Kevin Hoffman on Facebook
VP - Customer Service
Mukund Singh
  Mukund Singh LinkedIn Profile  Mukund Singh Twitter Account  Mukund Singh News  Mukund Singh on Facebook
VP - Engineering
Anu Krishnan
  Anu Krishnan LinkedIn Profile  Anu Krishnan Twitter Account  Anu Krishnan News  Anu Krishnan on Facebook
VP - Sales
Mark Petoskey
  Mark Petoskey LinkedIn Profile  Mark Petoskey Twitter Account  Mark Petoskey News  Mark Petoskey on Facebook

 

 

Browse more venture capital transactions:

Prev: 10/3/2011: Putney venture capital transaction
Next: 10/3/2011: Enkata venture capital transaction

 

Share this article

 

News on VC Transactions

We do our best to document all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. 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

 

Copyright © 2001-2024. Gaebler Ventures. All rights reserved.