Tech Company Financing Transactions

GridGain Systems Funding Round

On 7/29/2013, GridGain Systems raised $10 million in Series B funding from Almaz Capital Partners and RTP Ventures.

Transaction Overview

Company Name
Announced On
7/29/2013
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors

Almaz Capital Partners (Lead Investor) (Geoff Baehr)

RTP Ventures

Proceeds Purpose
This new capital will be used to rapidly expand sales, marketing and new product development to meet the growing need for In-Memory Computing (IMC) in big data environments.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
1065 East Hillsdale Blvd. 220
Foster City, CA 94404
USA
Email Address
Overview
GridGain's In-Memory Data Fabric provides a comprehensive solution enabling speed and scale for transactional, analytical applications across any data store
Profile
GridGain Systems LinkedIn Company Profile
Social Media
GridGain Systems Company Twitter Account
Company News
GridGain Systems News
Facebook
GridGain Systems on Facebook
YouTube
GridGain Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Abe Kleinfeld
  Abe Kleinfeld LinkedIn Profile  Abe Kleinfeld Twitter Account  Abe Kleinfeld News  Abe Kleinfeld on Facebook
Chief Financial Officer
Eoin O'Connor
  Eoin O'Connor LinkedIn Profile  Eoin O'Connor Twitter Account  Eoin O'Connor News  Eoin O'Connor on Facebook
Chief Technical Officer
Nikita Ivanov
  Nikita Ivanov LinkedIn Profile  Nikita Ivanov Twitter Account  Nikita Ivanov News  Nikita Ivanov on Facebook
VP - Marketing
Terry Erisman
  Terry Erisman LinkedIn Profile  Terry Erisman Twitter Account  Terry Erisman News  Terry Erisman on Facebook
VP - Sales
Mark Mszanski
  Mark Mszanski LinkedIn Profile  Mark Mszanski Twitter Account  Mark Mszanski News  Mark Mszanski on Facebook


 

 

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Next: 7/29/2013: Maker's Row venture capital transaction

 

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About Our VC Transactions Data

We do our best to record every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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