Tech Company Financing Transactions

Optaros Funding Round

Optaros, based in Boston, secured $7 million from CRV and General Catalyst Partners.

Transaction Overview

Company Name
Announced On
3/9/2005
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series A
Investors

CRV (Lead Investor) (Izhar Armony)

General Catalyst Partners (Larry Bohn)

Proceeds Purpose
The proceeds will be used to recruit key members of the management team; increase marketing and brand-building activities; create new service offerings; and launch a research program on open source software development.

Company Information

Company Status
Private & Independent
Industry
Consulting
Mailing Address
53 State St. 37th Floor
Boston, MA 02109
USA
Email Address
Overview
Optaros, Inc. is a venture capital-funded consulting and systems integration firm that helps large enterprises use open source software to reduce the cost of commercial software and rapidly build high-quality, cost-effective and more flexible business applications.
Profile
Optaros LinkedIn Company Profile
Social Media
Optaros Company Twitter Account
Company News
Optaros News
Facebook
Optaros on Facebook
YouTube
Optaros on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Robert Willms
  Robert Willms LinkedIn Profile  Robert Willms Twitter Account  Robert Willms News  Robert Willms on Facebook
VP - Finance
Emily DeMelo
  Emily DeMelo LinkedIn Profile  Emily DeMelo Twitter Account  Emily DeMelo News  Emily DeMelo on Facebook
VP - Operations
Miguel Picornell
  Miguel Picornell LinkedIn Profile  Miguel Picornell Twitter Account  Miguel Picornell News  Miguel Picornell on Facebook


 

 

Browse more venture capital transactions:

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Next: 3/9/2005: Celltick Technologies venture capital transaction

 

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Where The Data Comes From

We report on all VC transactions involving tech companies. All VC database entries reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.

 


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