Tech Company Financing Transactions

Tegile Systems Funding Round

Tegile Systems, based in Newark, secured $70 million from August Capital, Capricorn Investment Group and Cross Creek Capital.

Transaction Overview

Company Name
Announced On
5/27/2015
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Undisclosed
Proceeds Purpose
In the next 18 months, Tegile plans to double the number of employees from its current base of 300, scale up its operations, and further expand its reseller channel to satisfy the rising demand in Europe and Asia. In North America, the company will continue to ramp its sales teams to meet the needs of enterprise and federal government customers.

Company Information

Company Status
Acquired or Merged
Industry
Storage
Mailing Address
7999 Gateway Blvd 120
Newark, CA 94560
USA
Email Address
Overview
Tegile Systems is pioneering a new generation of enterprise storage arrays that balance performance, capacity, features and price for virtualization, file services and database applications.
Profile
Tegile Systems LinkedIn Company Profile
Social Media
Tegile Systems Company Twitter Account
Company News
Tegile Systems News
Facebook
Tegile Systems on Facebook
YouTube
Tegile Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rohit Kshetrapal
  Rohit Kshetrapal LinkedIn Profile  Rohit Kshetrapal Twitter Account  Rohit Kshetrapal News  Rohit Kshetrapal on Facebook
Chief Financial Officer
Michael Morgan
  Michael Morgan LinkedIn Profile  Michael Morgan Twitter Account  Michael Morgan News  Michael Morgan on Facebook
Chief Marketing Officer
Narayan Venkat
  Narayan Venkat LinkedIn Profile  Narayan Venkat Twitter Account  Narayan Venkat News  Narayan Venkat on Facebook
Chief Technical Officer
Rajesh Nair
  Rajesh Nair LinkedIn Profile  Rajesh Nair Twitter Account  Rajesh Nair News  Rajesh Nair on Facebook
VP - Customer Service
Pat Petroskey
  Pat Petroskey LinkedIn Profile  Pat Petroskey Twitter Account  Pat Petroskey News  Pat Petroskey on Facebook
VP - Sales
David Bangs
  David Bangs LinkedIn Profile  David Bangs Twitter Account  David Bangs News  David Bangs on Facebook


 

 

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