Tech Company Financing Transactions
newScale Funding Round
Chesapeake Emerging Opportunities Club, Crosslink Capital and EPIC Ventures participated in a $11 million funding round for newScale. The financing round was recorded on 7/2/2007.
Transaction Overview
Company Name
Announced On
7/2/2007
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Scott Hammond, president and CEO of newScale said, "This up-round of funding allows newScale to further accelerate our growth in this rapidly-expanding market by increasing software development and sales capacity."
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
2215 Bridgepointe Parkway 500
San Mateo, CA 94404
USA
San Mateo, CA 94404
USA
Phone
Website
Email Address
Overview
newScale is the leader in IT Service Portfolio Management and Service Catalog software solutions, with more than one million users worldwide.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Scott Hammond
Chief Financial Officer
Philip Connolly
Chief Technical Officer
Rodrigo Flores
Vice President
Bill Fine
Vice President
Mark McKenzie
VP - Engineering
Andrew Tahvildary
VP - Marketing
Mark Hamilton
VP - Sales
David Satterwhite
Browse more venture capital transactions:
Prev: 7/2/2007: Accord Biomaterials venture capital transaction
Next: 7/2/2007: Clickable venture capital transaction
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About Database of VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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