Tech Company Financing Transactions

DataCubes Funding Round

On 11/15/2019, DataCubes landed $15.2 million in Series B funding from Palm Drive Capital, Altos Ventures and MK Capital.

Transaction Overview

Company Name
DataCubes
Announced On
11/15/2019
Transaction Type
Venture Equity
Amount
$15,200,000
Round
Series B
Investors

Palm Drive Capital (Lead Investor) (Nick Hsu)

Altos Ventures

MK Capital (Mark Koulogeorge)

MPK Equity Partners

NFP

Seyen Capital (George Spencer)

Stage 2 Capital

Proceeds Purpose
This latest round of funding will support DataCubes' investment in research and development as well as help expand the team, adding 50 new employees in 2020, to further support its growing clientele of commercial insurers.

Company Information

Company Status
Private & Independent
Industry
InsureTech
Mailing Address
425 N. Martingale Rd. 700
Schaumburg, IL 60173
USA
Phone
(888) 507-9733
Website
www.datacubes.com
Email Address
[email protected]
Overview
At DataCubes, we combine our Technical superiority and Commercial insurance experience to deliver a compelling solution that enables carriers to respond and grow profitably in a rapidly evolving competitive landscape.
Profile
DataCubes LinkedIn Company Profile
Social Media
DataCubes Company Twitter Account
Company News
DataCubes News
Facebook
DataCubes on Facebook
YouTube
DataCubes on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kuldeep Malik
  Kuldeep Malik LinkedIn Profile  Kuldeep Malik Twitter Account  Kuldeep Malik News  Kuldeep Malik on Facebook
VP - Client Services
Philip Alampi
  Philip Alampi LinkedIn Profile  Philip Alampi Twitter Account  Philip Alampi News  Philip Alampi on Facebook
VP - Client Services
Sameen Malik
  Sameen Malik LinkedIn Profile  Sameen Malik Twitter Account  Sameen Malik News  Sameen Malik on Facebook
VP - Engineering
Ramesh Natarajan
  Ramesh Natarajan LinkedIn Profile  Ramesh Natarajan Twitter Account  Ramesh Natarajan News  Ramesh Natarajan on Facebook
VP - Sales
Glenn Cannon
  Glenn Cannon LinkedIn Profile  Glenn Cannon Twitter Account  Glenn Cannon News  Glenn Cannon on Facebook

 

 

Browse more venture capital transactions:

Prev: 11/14/2019: Sigma Computing venture capital transaction
Next: 11/15/2019: Advanced Systems Concepts venture capital transaction

 

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