Tech Company Financing Transactions
WebLayers Funding Round
On 7/16/2007, WebLayers received $7 million in Series C investment from Ascent Venture Partners, Cedar Fund and Veritas Venture Partners.
Transaction Overview
Company Name
Announced On
7/16/2007
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series C
Investors
Proceeds Purpose
WebLayers will use the additional funding to increase its worldwide sales presence, expand its ability to
deliver enterprise-class products and extend its professional services and support capabilities to
accommodate a growing roster of customers and partners.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
100 CambridgePark Dr.
Cambridge, MA 02140
USA
Cambridge, MA 02140
USA
Phone
Website
Email Address
Overview
WebLayers automates what has traditionally been a manually intensive process to employ governance; we provide enforcement across the entire lifecycle; and give you the visibility to identify and resolve issues earlier.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeff Papows
Chief Financial Officer
Michael Castricone
VP - R & D
Ron Karas
VP - Sales
Jan Wolff
Browse more venture capital transactions:
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Our team works diligently to report on every notable VC transaction. All VC database entries reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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