Tech Company Financing Transactions
Alluxio Funding Round
On 11/17/2021, Alluxio secured $50 million in Series C investment from Andreessen Horowitz, Seven Seas Ventures and private investors.
Transaction Overview
Company Name
Announced On
11/17/2021
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series C
Investors
Proceeds Purpose
With this over-subscribed Series C investment, the company will continue fueling its rapid growth by investing in expanded product capabilities as well as scaling go-to-market and engineering operations across the globe.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
1825 S Grant St. 600
San Mateo, CA 94402
USA
San Mateo, CA 94402
USA
Phone
Undisclosed
Website
Email Address
Overview
Alluxio, formerly Tachyon, is the world's first system that unifies disparate storage systems at memory speed. With Alluxio, enterprises can manage data efficiently, accelerate business analytics, and ease the adoption of hybrid cloud. Alluxio, started at UC Berkeley AMPLab, where the goal was to build the next generation data analytics stack.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Haoyuan Li
Co-Founder
Amelia Wong
VP - Engineering
Bin Fan
VP - Engineering
Aseem Rastogi
VP - Marketing
Ali LeClerc
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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