Tech Company Financing Transactions

Storwize Funding Round

Storwize, based in Marlborough, secured $19 million from Bessemer Venture Partners, Lehman Brothers Venture Partners and Sequoia Capital.

Transaction Overview

Company Name
Storwize
Announced On
4/9/2008
Transaction Type
Venture Equity
Amount
$19,000,000
Round
Series C
Investors

Bessemer Venture Partners (Adam Fisher)

Lehman Brothers Venture Partners (Stewar Gollmer)

Sequoia Capital (Shmil Levy)

Proceeds Purpose
The Series C funding will accelerate Storwize's efforts to expand its sales and support organizations, as well as its product management resources, to meet the soaring demand for the company's primary data compression solutions.

Company Information

Company Status
Acquired or Merged
Industry
Storage
Mailing Address
2 Mount Royal Ave
Marlborough, MA 01752
USA
Phone
888-378-6794
Website
www.storewize.com
Email Address
[email protected]
Overview
Storwize, Inc. is the leader provider of real-time data compression solutions that dramatically boost storage space on network storage environments. The Storwize appliance provides organizations with additional capacity and associated savings in capital, operational, maintenance and management resources.
Profile
Storwize LinkedIn Company Profile
Social Media
Storwize Company Twitter Account
Company News
Storwize News
Facebook
Storwize on Facebook
YouTube
Storwize on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ed Walsh
  Ed Walsh LinkedIn Profile  Ed Walsh Twitter Account  Ed Walsh News  Ed Walsh on Facebook
Chief Financial Officer
Mary Henry
  Mary Henry LinkedIn Profile  Mary Henry Twitter Account  Mary Henry News  Mary Henry on Facebook
Chief Technical Officer
Jonathan Amit
  Jonathan Amit LinkedIn Profile  Jonathan Amit Twitter Account  Jonathan Amit News  Jonathan Amit on Facebook
Co-Founder
Gal Naor
  Gal Naor LinkedIn Profile  Gal Naor Twitter Account  Gal Naor News  Gal Naor on Facebook
Vice President
Steve Kenniston
  Steve Kenniston LinkedIn Profile  Steve Kenniston Twitter Account  Steve Kenniston News  Steve Kenniston on Facebook
VP - Engineering
Ori Bauer
  Ori Bauer LinkedIn Profile  Ori Bauer Twitter Account  Ori Bauer News  Ori Bauer on Facebook
VP - Marketing
Gareth Taube
  Gareth Taube LinkedIn Profile  Gareth Taube Twitter Account  Gareth Taube News  Gareth Taube on Facebook
VP - Sales
Roger Cummings
  Roger Cummings LinkedIn Profile  Roger Cummings Twitter Account  Roger Cummings News  Roger Cummings on Facebook

 

 

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Prev: 4/9/2008: Potentia Pharmaceuticals venture capital transaction
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