Tech Company Financing Transactions
VMLogix Funding Round
VMLogix, based in Santa Clara, secured $3.5 million in investment from Bain Capital Ventures.
Transaction Overview
Company Name
Announced On
10/18/2006
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Series A
Investors
Bain Capital Ventures (Ajay Agarwal)
Proceeds Purpose
Funding from Bain Capital allows VMLogix to further its vision of bringing enterprise virtualization technology to all phases of the software lifecycle, said Gururaj. VMLogix will use this capital to support ongoing product development and its U.S. go-to-market initiative.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
2350 Mission College Blvd. 225
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
VMLogix provides groundbreaking software solutions that help simplify the software lifecycle by harnessing the power of virtualization technology. With its LabManager product suite, VMLogix revolutionizes the way software development teams around the globe manage their automated software lifecycle and quality assurance processes.
Management Team
Title
Name
Email & Social
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