Tech Company Financing Transactions

Solo.io Funding Round

Solo.io secured a $23 million Series B venture capital round on 10/2/2020. Investors included Redpoint Ventures, True Ventures and private investors.

Transaction Overview

Company Name
Announced On
10/2/2020
Transaction Type
Venture Equity
Amount
$23,000,000
Round
Series B
Investors

Redpoint Ventures (Lead Investor) (Satish Dharmaraj)

True Ventures (Lead Investor)

Proceeds Purpose
The company intends to use the funds for product and cloud-native community innovation in 2020, including new strategic, first-to-market product offerings and an industry specification.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
222 3rd St. 3300
Cambridge, MA 02142
USA
Phone
Undisclosed
Email Address
Overview
Solo.io develops open source and enterprise software that helps enterprises adopt and operate innovative cloud native technologies like microservices, serverless and service mesh. Founded in 2017 in Cambridge, MA, Solo.io is backed by Redpoint Ventures and True Ventures.
Profile
Solo.io LinkedIn Company Profile
Social Media
Solo.io Company Twitter Account
Company News
Solo.io News
Facebook
Solo.io on Facebook
YouTube
Solo.io on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Idit Levine
  Idit Levine LinkedIn Profile  Idit Levine Twitter Account  Idit Levine News  Idit Levine on Facebook
Chief Marketing Officer
Erik Frieberg
  Erik Frieberg LinkedIn Profile  Erik Frieberg Twitter Account  Erik Frieberg News  Erik Frieberg on Facebook
Chief Technical Officer
Yuval Kohavi
  Yuval Kohavi LinkedIn Profile  Yuval Kohavi Twitter Account  Yuval Kohavi News  Yuval Kohavi on Facebook
Chief Technical Officer
Christian Posta
  Christian Posta LinkedIn Profile  Christian Posta Twitter Account  Christian Posta News  Christian Posta on Facebook
VP - Engineering
Neeraj Poddar
  Neeraj Poddar LinkedIn Profile  Neeraj Poddar Twitter Account  Neeraj Poddar News  Neeraj Poddar on Facebook
VP - Product Management
Chris Gaun
  Chris Gaun LinkedIn Profile  Chris Gaun Twitter Account  Chris Gaun News  Chris Gaun on Facebook
VP - Sales
Barry Lieberman
  Barry Lieberman LinkedIn Profile  Barry Lieberman Twitter Account  Barry Lieberman News  Barry Lieberman on Facebook


 

 

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About Our VC Transactions Data

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 is sourced from VentureDeal.com, an affiliated venture.

 


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