Tech Company Financing Transactions
Terascala Funding Round
Ascent Venture Partners participated in a $3 million Series A capital raise for Terascala. The financing was announced on 2/27/2007.
Transaction Overview
Company Name
Announced On
2/27/2007
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Series A
Investors
Proceeds Purpose
Terascala is in trials with a handful of customers. It expects to hire about 10 people locally by the end of the year and begin generating revenue within the next two months, said Genovesi.
Company Information
Company Status
Private & Independent
Industry
Storage
Mailing Address
145 Bodwell St. Building 1 Floor 2
Avon, MA 02322
USA
Avon, MA 02322
USA
Phone
Website
Email Address
Overview
Terascala is designing new scalable storage appliances that balance the needs of Linux clusters from moderate sizes to the largest clusters being employed.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steve Butler
VP - Engineering
Peter Piela
VP - Marketing
Alan Swahn
Browse more venture capital transactions:
Prev: 2/27/2007: Kineto Wireless venture capital transaction
Next: 2/27/2007: BiPar Sciences venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs