Tech Company Financing Transactions
AeroCloud Funding Round
Stage 2 Capital, British Business Bank and Global Ventures participated in a $12.6 million Series A capital raise for AeroCloud. The financing closed on 2/21/2023.
Transaction Overview
Company Name
Announced On
2/21/2023
Transaction Type
Venture Equity
Amount
$12,600,000
Round
Series A
Investors
Proceeds Purpose
It will use the new funding to expedite its expansion plans and continue its push to "displace lethargic incumbents." More specifically, AeroCloud is gearing up to double its headcount to 80 through 2023 across its hubs in the U.K. and U.S., and is aiming to grow its customer base to more than 100 -- up from 42 today -- by the end of the year.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
1201 N Orange St 7451
Wilmington, DE 19801-1186
USA
Wilmington, DE 19801-1186
USA
Phone
Website
Email Address
Overview
The AeroCloud team are energetic customer supporters, super-smart technology engineers, and deep industry experts focused on working with you as a partner.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
George Richardson
Chief Operating Officer
Damian Jones
Chief Technical Officer
Ian Smith
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We do our best to report on tech company VC transactions. All VC database entries 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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