Tech Company Financing Transactions

Correlix Funding Round

Sequoia Capital, Blumberg Capital and Genesis Partners invested in a $8 million Series B funding round for Correlix. The round was announced by the company on 9/2/2008.

Transaction Overview

Company Name
Announced On
9/2/2008
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series B
Investors

Sequoia Capital (Lead Investor) (Yuval Baharav)

Blumberg Capital (David Blumberg)

Genesis Partners (Jonathan Saacks)

Xenia Ventures (Avishay Noam)

Proceeds Purpose
Correlix will use the new financing to further enrich its Latency Intelligence solutions and to expand globally to meet the demands of its growing, global customer base.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
100 William Street 305
New York, NY 10038
USA
Email Address
Overview
Correlix was built for high volume, time sensitive transactions. Correlix delivers the ability to discover, trace and optimize complex transaction flows in the underlying heterogeneous distributed data centers. Correlix was uniquely designed for risk free deployment as a totally passive network based platform.
Profile
Correlix LinkedIn Company Profile
Social Media
Correlix Company Twitter Account
Company News
Correlix News
Facebook
Correlix on Facebook
YouTube
Correlix on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Dan Connell
  Dan Connell LinkedIn Profile  Dan Connell Twitter Account  Dan Connell News  Dan Connell on Facebook
President
Shawn Melamed
  Shawn Melamed LinkedIn Profile  Shawn Melamed Twitter Account  Shawn Melamed News  Shawn Melamed on Facebook
VP - Client Services
Dan Norcross
  Dan Norcross LinkedIn Profile  Dan Norcross Twitter Account  Dan Norcross News  Dan Norcross on Facebook
VP - Finance
Galit Dekel
  Galit Dekel LinkedIn Profile  Galit Dekel Twitter Account  Galit Dekel News  Galit Dekel on Facebook
VP - Operations
Sam Naftalovich
  Sam Naftalovich LinkedIn Profile  Sam Naftalovich Twitter Account  Sam Naftalovich News  Sam Naftalovich on Facebook
VP - R & D
Yuval Pemper
  Yuval Pemper LinkedIn Profile  Yuval Pemper Twitter Account  Yuval Pemper News  Yuval Pemper on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/29/2008: Jasper Technologies venture capital transaction
Next: 9/2/2008: Baxano venture capital transaction

 

Share this article

 


News on VC Transactions

We do our best to record tech company VC transactions. All VC database entries reported here come from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary