Tech Company Financing Transactions
VirtualZ Computing Funding Round
VirtualZ Computing closed a $2.2 million Seed investment round on 12/12/2023. Investors included IBM Ventures.
Transaction Overview
Company Name
Announced On
12/12/2023
Transaction Type
Venture Equity
Amount
$2,200,000
Round
Seed
Investors
Proceeds Purpose
VirtualZ says enterprises spend millions of dollars writing custom code to extract, transform and replicate data copies from mainframes to hybrid cloud or distributed storage. In addition to the time required, those processes create data duplication, version control headaches and synchronization problems. "It's a change data capture problem and there's no easy solution," said VirtualZ Executive Chairman Marc Sokol.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
5775 Wayzata Blvd 700
Minneapolis, MN 55416-1233
USA
Minneapolis, MN 55416-1233
USA
Phone
Undisclosed
Website
Email Address
Overview
Developer of a healthcare center intended to offer healthcare services in California, US. The company's platform develops new microcatheters that facilitate and simplify complex neurovascular procedures, enabling patients to get proper treatment.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeanne Glass
Chief Technical Officer
Vince Re
Co-Founder
Dustin Froyum
Browse more venture capital transactions:
Prev: 12/12/2023: Origin Wireless venture capital transaction
Next: 12/13/2023: Education Cannot Wait venture capital transaction
Share this article
About Database of VC Transactions
We do our best to document every notable VC transaction. VC investment data records on this site come from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs