Tech Company Financing Transactions

Concurrent Funding Round

Concurrent secured a $10 million Series B funding round on 6/2/2014. Investors included Bain Capital Ventures, Rembrandt Venture Partners and True Ventures.

Transaction Overview

Company Name
Concurrent
Announced On
6/2/2014
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors

Bain Capital Ventures (Lead Investor) (Salil Deshpande)

Rembrandt Venture Partners (In Sik Rhee)

True Ventures (Puneet Agarwal)

Proceeds Purpose
Concurrent will use the financing to drive research and development of its flagship product Driven, the industry's first application performance management product for data-centric applications, and Cascading, the most widely used application development framework for building data-oriented applications. Concurrent will also scale its operations to meet growing customer demand.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
720 Market Street 300
San Francisco, CA 94102
USA
Phone
(415) 813-1010
Website
www.concurrentinc.com
Email Address
[email protected]
Overview
Concurrent has moved. We can now be found Driven.io, which has been acquired.
Profile
Concurrent LinkedIn Company Profile
Social Media
Concurrent Company Twitter Account
Company News
Concurrent News
Facebook
Concurrent on Facebook
YouTube
Concurrent on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gary Nakamura
  Gary Nakamura LinkedIn Profile  Gary Nakamura Twitter Account  Gary Nakamura News  Gary Nakamura on Facebook
Chief Technical Officer
Chris Wensel
  Chris Wensel LinkedIn Profile  Chris Wensel Twitter Account  Chris Wensel News  Chris Wensel on Facebook
VP - Engineering
Paul O'Leary
  Paul O'Leary LinkedIn Profile  Paul O'Leary Twitter Account  Paul O'Leary News  Paul O'Leary on Facebook

 

 

Browse more venture capital transactions:

Prev: 5/31/2014: Investors' Circle venture capital transaction
Next: 6/2/2014: Mozido venture capital transaction

 

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