Tech Company Financing Transactions
Xceedium Funding Round
On 10/12/2010, Xceedium received $7.5 million in Series B investment from Arnerich Massena.
Transaction Overview
Company Name
Announced On
10/12/2010
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Series B
Investors
Arnerich Massena (Morgan Rodd)
Proceeds Purpose
The new funds will be used to drive Xceedium's sales and marketing expansion as well as fuel the ongoing development of its flagship GateKeeper product, an appliance-based solution that secures and audits privileged access to IT infrastructure.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
2214 Rock Hill Rd. 100
Herndon, VA 20170
USA
Herndon, VA 20170
USA
Phone
Website
Email Address
Overview
Xceedium provides centralized, policy-based, secure access for IT operations management. The most comprehensive solution available, Xceedium's service-oriented framework delivers vendor access control and secure touch-free support for IT infrastructure across geographically distributed data centers.
Management Team
Title
Name
Email & Social
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