Tech Company Financing Transactions
HyperGrid Funding Round
HyperGrid, based in Los Altos, scored $15 million from Acero Capital, Atlantic Bridge Ventures and private investors.
Transaction Overview
Company Name
Announced On
2/16/2018
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
Acero Capital (Lead Investor) (Rami El-Khatib)
Atlantic Bridge Ventures (Lead Investor) (Kevin Dillion)
Proceeds Purpose
The new capital will be used primarily to invest in growing Go-To-Market activities to meet increased demand across our Enterprise and MSP customer bases, while continuing to add industry-first features to its HyperCloud platform.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
5150 El Camino Real E30
Los Altos, CA 94022
USA
Los Altos, CA 94022
USA
Phone
Website
Email Address
Overview
HyperGrid is the Enterprise Cloud-as-a-Service leader that simplifies IT for the enterprise by providing consumption based, full stack cloud services on premises. HyperGrid's offering, HyperCloud, uniquely addresses enterprise IT needs by combining IaaS, PaaS, and applications services on premises with security and governance for application management.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Manoj Nair
Chief Financial Officer
Robert Taccini
Vice President
Said Syed
VP - Marketing
Peter Lunk
VP - Product Management
Michael Tan
VP - Sales
David Weier
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