Tech Company Financing Transactions

Hedvig Funding Round

Atlantic Bridge Ventures, Edbi and Hewlett Packard Ventures participated in a $21.5 million Series C funding round for Hedvig. This VC investment round was announced by the company on 3/3/2017.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C

Atlantic Bridge Ventures (Brian Long)

Edbi (Swee Yeok Chu)

Hewlett Packard Ventures (Milan Shetti)

True Ventures (Puneet Agarwal)

Vertex Venture Capital (In Sik Rhee)

Proceeds Purpose
Hedvig will use the latest round of funding to expand into new markets, develop end-to-end cloud and backup solutions for large enterprises and grow its world-class engineering, sales and channel teams.

Company Information

Company Status
Acquired or Merged
Mailing Address
2350 Mission College Blvd. 500
Santa Clara, CA 95054
Email Address
Designed for change and built to scale, Hedvig s software-defined storage solution provides the flexibility needed for rapidly changing data, app, and user requirements.
Hedvig LinkedIn Company Profile
Social Media
Hedvig Company Twitter Account
Company News
Hedvig News
Hedvig on Facebook
Hedvig on YouTube

Management Team

Email & Social
Chief Executive Officer
Avinash Lakshman
  Avinash Lakshman LinkedIn Profile  Avinash Lakshman Twitter Account  Avinash Lakshman News  Avinash Lakshman on Facebook
Vice President
Darrell Billings
  Darrell Billings LinkedIn Profile  Darrell Billings Twitter Account  Darrell Billings News  Darrell Billings on Facebook
Vice President
Suresh Rajagopalan
  Suresh Rajagopalan LinkedIn Profile  Suresh Rajagopalan Twitter Account  Suresh Rajagopalan News  Suresh Rajagopalan on Facebook
VP - Bus. Development
Mat Gruen
  Mat Gruen LinkedIn Profile  Mat Gruen Twitter Account  Mat Gruen News  Mat Gruen on Facebook
VP - Engineering
Srinivas Lakshman
  Srinivas Lakshman LinkedIn Profile  Srinivas Lakshman Twitter Account  Srinivas Lakshman News  Srinivas Lakshman on Facebook
VP - Marketing
Angela Restani
  Angela Restani LinkedIn Profile  Angela Restani Twitter Account  Angela Restani News  Angela Restani on Facebook
VP - Sales
Ediz Ertekin
  Ediz Ertekin LinkedIn Profile  Ediz Ertekin Twitter Account  Ediz Ertekin News  Ediz Ertekin on Facebook



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About Database of VC Transactions

Our team works diligently to report on tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from, an affiliated venture.


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