Tech Company Financing Transactions
Spanning Cloud Apps Funding Round
On 3/21/2013, Spanning Cloud Apps landed $6 million in Series B funding from private investors and Foundry Group.
Transaction Overview
Company Name
Announced On
3/21/2013
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series B
Investors
private investors (Lead Investor)
Foundry Group (Seth Levine)
Proceeds Purpose
This infusion of capital will allow us to accelerate the build-out of our direct sales team and reseller channel, while extending the product lead we've established over our competitors. It also provides us with an important strategic partner.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
501 Congress Avenue 200
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Website
Email Address
Overview
Spanning Cloud Apps is a cloud-based application developer focused on backup solutions for today's most widely adopted cloud-computing suites including Google Apps.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeff Erramouspe
VP - Engineering
Mike Pav
VP - Marketing
Melanie Sommer
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