Tech Company Financing Transactions

Axcient Funding Round

Axcient secured a $25 million funding round on 2/18/2015. Investors included Industry Ventures, Allegis Capital and Peninsula Ventures.

Transaction Overview

Company Name
Axcient
Announced On
2/18/2015
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors

Industry Ventures (Lead Investor)

Allegis Capital (Peter Bodine)

Peninsula Ventures (Greg Robinson)

Scale Venture Partners (Rory O'Driscoll)

Thomvest Ventures (Donald Butler)

Proceeds Purpose
Axcient will use the round to invest in sales and marketing, and to finance the industry-first reseller compensation program, SaaS:FLO. In addition, Axcient expects to nearly double its R&D team to continue to drive innovation on its flagship Business Recovery Cloud.

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: 2/18/2015: MiRagen Therapeutics venture capital transaction
Next: 2/18/2015: TraceLink venture capital transaction

 

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