Tech Company Financing Transactions
Greenplum Funding Round
Greenplum, based in San Mateo, secured $27 million in funding from Meritech Capital Partners, Sapphire Ventures and Sun Microsystems.
Transaction Overview
Company Name
Announced On
1/22/2008
Transaction Type
Venture Equity
Amount
$27,000,000
Round
Series C
Investors
Proceeds Purpose
The new funds will be used to continue development of Greenplum's groundbreaking database, as well as to expand the company's sales and marketing efforts and grow its global market share in the $20 billion database market.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
1900 South Norfolk Drive 224
San Mateo, CA 94403
USA
San Mateo, CA 94403
USA
Phone
Website
Email Address
Overview
Greenplum is pioneering the use of open source databases for enterprise-class Business Intelligence and Data Warehousing. Greenplum's family of database products, called Bizgres, comprises solutions suited to installations ranging from departmental data marts to multi-terabyte data warehouses.
Management Team
Title
Name
Email & Social
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