Tech Company Financing Transactions

Machfu Funding Round

CSL Capital Management, Blu Venture Investors and Texas Halo Fund participated in a $3.8 million Series A funding round for Machfu. The financing round was announced by the company on 12/17/2019.

Transaction Overview

Company Name
Announced On
12/17/2019
Transaction Type
Venture Equity
Amount
$3,750,000
Round
Series A
Proceeds Purpose
The company will use the capital to accelerate its successes in Smart Grid and Oil & Gas markets and expand its footprint in the industrial space.

Company Information

Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
9200 Corporate Blvd. 470
Rockville, MD 20850
USA
Email Address
Overview
Machfu simplifies the complex landscape of Industrial Internet of Things (IIoT) by easily connecting data at the edge to IoT databases in the cloud for business analytics. Machfu's products bring edge to enterprise connectivity to existing industrial infrastructure that can be deployed and scaled quickly.
Profile
Machfu LinkedIn Company Profile
Social Media
Machfu Company Twitter Account
Company News
Machfu News
Facebook
Machfu on Facebook
YouTube
Machfu on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Prakash Chakravarthi
  Prakash Chakravarthi LinkedIn Profile  Prakash Chakravarthi Twitter Account  Prakash Chakravarthi News  Prakash Chakravarthi on Facebook
Chief Technical Officer
Timothy Winter
  Timothy Winter LinkedIn Profile  Timothy Winter Twitter Account  Timothy Winter News  Timothy Winter on Facebook
VP - Bus. Development
John Geiger
  John Geiger LinkedIn Profile  John Geiger Twitter Account  John Geiger News  John Geiger on Facebook
VP - Engineering
Chinmay Shete
  Chinmay Shete LinkedIn Profile  Chinmay Shete Twitter Account  Chinmay Shete News  Chinmay Shete on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/17/2019: General Fusion venture capital transaction
Next: 12/17/2019: Garwood Medical Devices venture capital transaction

 

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We do our best to record every notable VC transaction. All VC database entries reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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