Tech Company Financing Transactions

BakBone Software Funding Round

BakBone Software closed a $20 million Series B financing round on 2/21/2006. Backers included Menlo Ventures, Polaris Partners and U.S. Venture Partners.

Transaction Overview

Company Name
Announced On
2/21/2006
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors

Menlo Ventures (Lead Investor) (Sonja Hoel Perkins)

Polaris Partners (John Gannon)

U.S. Venture Partners (Steven Krausz)

Proceeds Purpose
The financing will be used primarily to fund the expansion of Asempra sales and marketing, customer service, support infrastructure, and product development.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
9540 Towne Ctr. Dr. 100
San Diego, CA 92121
USA
Email Address
Overview
BakBone Software, Inc. delivers complexity reducing data protection technologies, including award-winning Linux solutions; proven Solaris products; and application-focused Windows offerings that reliably protect MS SQL, Oracle, Exchange, MySQL and other business critical applications.
Profile
BakBone Software LinkedIn Company Profile
Social Media
BakBone Software Company Twitter Account
Company News
BakBone Software News
Facebook
BakBone Software on Facebook
YouTube
BakBone Software on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
James Johnson
  James Johnson LinkedIn Profile  James Johnson Twitter Account  James Johnson News  James Johnson on Facebook
Chief Financial Officer
Steve Martin
  Steve Martin LinkedIn Profile  Steve Martin Twitter Account  Steve Martin News  Steve Martin on Facebook
Vice President
Ken Horner
  Ken Horner LinkedIn Profile  Ken Horner Twitter Account  Ken Horner News  Ken Horner on Facebook
Vice President
David Schneider
  David Schneider LinkedIn Profile  David Schneider Twitter Account  David Schneider News  David Schneider on Facebook
Vice President
Dan Woodward
  Dan Woodward LinkedIn Profile  Dan Woodward Twitter Account  Dan Woodward News  Dan Woodward on Facebook
VP - General Counsel
Bob Wright
  Bob Wright LinkedIn Profile  Bob Wright Twitter Account  Bob Wright News  Bob Wright on Facebook
VP - Marketing
Jeff Drescher
  Jeff Drescher LinkedIn Profile  Jeff Drescher Twitter Account  Jeff Drescher News  Jeff Drescher on Facebook
VP - Operations
Ken Hudak
  Ken Hudak LinkedIn Profile  Ken Hudak Twitter Account  Ken Hudak News  Ken Hudak on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/21/2006: LeadPoint venture capital transaction
Next: 2/21/2006: Precision Therapeutics venture capital transaction

 

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About Our Venture Capital Transactions Database

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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