Tech Company Financing Transactions
Greenplum Funding Round
Sierra Ventures, Comerica Bank and Dawntreader Ventures participated in a $19 million funding round for Greenplum. The financing round closed on 2/6/2007.
Transaction Overview
Company Name
Announced On
2/6/2007
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$19,000,000
Round
Undisclosed
Investors
Sierra Ventures (Lead Investor) (Timothy Guleri)
Proceeds Purpose
The new funds will be used to continue development of Greenplum's breakthrough database, as well as to expand the company's sales and marketing efforts globally.
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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