Tech Company Financing Transactions
CRI Technologies Funding Round
On 9/10/2007, CRI Technologies raised $10 million in Series A financing from Commonwealth Capital Ventures and Sigma Prime Ventures.
Transaction Overview
Company Name
Announced On
9/10/2007
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Commonwealth Capital Ventures (Lead Investor) (Justin Perreault)
Sigma Prime Ventures (Lead Investor) (Robert Davoli)
Proceeds Purpose
A portion of the funding was used for the acquisition of virtualization consulting company Computer Resolutions. The funding will also be used to build the company's management team, expand its operations and fund future acquisitions.
Company Information
Company Status
Out of Business
Industry
Enterprise IT
Mailing Address
4 Research Drive 2nd Floor
Shelton, CT 06484
USA
Shelton, CT 06484
USA
Phone
Website
Email Address
Overview
CRI Technologies is a Vendor Neutral Consultant specializing in solutions and services to reverse the pains of Client Server Based computing. Our unique approach allows you to leverage the benefits of Open Systems Technology while centralizing, consolidating and simplifying your infrastructure on Intel Based Servers by the leading manufacturers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Howard Pavony
Chief Technical Officer
John Palmieri
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