Tech Company Financing Transactions
Storm Exchange Funding Round
On 3/4/2008, Storm Exchange secured $7.2 million in funding from RRE Ventures and Venrock.
Transaction Overview
Company Name
Announced On
3/4/2008
Transaction Type
Venture Equity
Amount
$7,200,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the proceeds for sales and marketing expansion.
Company Information
Company Status
Out of Business
Industry
Enterprise IT
Mailing Address
28 West 44th St FL21
New York, NY 10036
USA
New York, NY 10036
USA
Phone
Website
Email Address
Overview
Weather Risk Management from Storm Exchange involves a four-step process to analyze exposure, benchmark risk, synthesize data to understand options, and finally to take action to offset the exposure. This process removes the financial uncertainty of weather by providing data and analysis to optimize operations, as well as access to A-rated financial products that transfer risk.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Riker
Chief Marketing Officer
Jarvis Cromwell
Chief Operating Officer
Dennis Reaves
Browse more venture capital transactions:
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