Tech Company Financing Transactions

SevOne Funding Round

SevOne, based in Boston, secured investment from Bain Capital Ventures.

Transaction Overview

Company Name
Announced On
1/15/2013
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors

Bain Capital Ventures (Benjamin Nye)

Proceeds Purpose
The gross amount of the transaction was $150 million, but company CEO Michael Phelan said that much of the cash will buy out existing investments in the company. Therefore, the amount of new investment is unknown.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
800 Boylston St. 29th Floor
Boston, MA 02199
USA
Email Address
Overview
SevOne offers scalable, easy to use Network Management products. Integrating performance and fault management in an easy to install and maintain appliance, SevOne brings low TCO and high ROI to companies of all sizes and industries.
Profile
SevOne LinkedIn Company Profile
Social Media
SevOne Company Twitter Account
Company News
SevOne News
Facebook
SevOne on Facebook
YouTube
SevOne on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jack Sweeney
  Jack Sweeney LinkedIn Profile  Jack Sweeney Twitter Account  Jack Sweeney News  Jack Sweeney on Facebook
Chief Financial Officer
Rafe Brown
  Rafe Brown LinkedIn Profile  Rafe Brown Twitter Account  Rafe Brown News  Rafe Brown on Facebook
Chief Technical Officer
Yash Shah
  Yash Shah LinkedIn Profile  Yash Shah Twitter Account  Yash Shah News  Yash Shah on Facebook
VP - Client Services
Glen Schermerhorn
  Glen Schermerhorn LinkedIn Profile  Glen Schermerhorn Twitter Account  Glen Schermerhorn News  Glen Schermerhorn on Facebook
VP - Marketing
James Melvin
  James Melvin LinkedIn Profile  James Melvin Twitter Account  James Melvin News  James Melvin on Facebook
VP - Sales
Paul Ciesielski
  Paul Ciesielski LinkedIn Profile  Paul Ciesielski Twitter Account  Paul Ciesielski News  Paul Ciesielski on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/14/2013: NantHealth venture capital transaction
Next: 1/15/2013: Versartis venture capital transaction

 

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About Database of VC Transactions

We record tech company VC transactions. VC investment data records reported here come from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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