Tech Company Financing Transactions

SevOne Funding Round

SevOne, based in Boston, secured $50 million from Bain Capital Ventures, Westfield Capital Management and Brookside Capital.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C

Bain Capital Ventures (Lead Investor) (Benjamin Nye)

Westfield Capital Management (Lead Investor) (Will Muggia)

Brookside Capital

HarbourVest Partners

Osage Partners (Robert Adelson)

Proceeds Purpose
SevOne will use the financing to accelerate its growth through new technologies and markets, meeting the growing demands of organizations transforming their business for the always-on mobile economy and the Internet of Things (IoT).

Company Information

Company Status
Acquired or Merged
Enterprise IT
Mailing Address
800 Boylston St. 29th Floor
Boston, MA 02199
Email Address
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.
SevOne LinkedIn Company Profile
Social Media
SevOne Company Twitter Account
Company News
SevOne News
SevOne on Facebook
SevOne on YouTube

Management Team

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



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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, an affiliated venture.


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