Tech Company Financing Transactions
Virtustream Funding Round
On 7/7/2011, Virtustream received $10 million in Series B financing from Columbia Capital, Intel Capital and Noro-Moseley Partners.
Transaction Overview
Company Name
Announced On
7/7/2011
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Proceeds Purpose
The firm will productize its internal cloud provisioning platform, xStream, into a distributable end cloud O/S software product. Virtustream will also invest resources in the branding, marketing and advertising of its products and services, and in expanding its market presence in San Francisco and London. Finally, Virtustream will invest in growing its Cloud Advisory Services group, which supports enterprise clientele in a consultative manner to help them determine optimal cloud adoption and migration strategies.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
4800 Montgomery Ln. 1100
Bethesda, MD 20814
USA
Bethesda, MD 20814
USA
Phone
Website
Email Address
Not Recorded
Overview
Virtustream is an innovative Cloud provisioning firm committed to delivering modernized next generation infrastructure services to enterprise class customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Rodney Rogers
Chief Executive Officer
Kevin Reid
Chief Financial Officer
Mike Provenzano
Chief Information Officer
Van Williams
Chief Marketing Officer
Simon Aspinall
Browse more venture capital transactions:
Prev: 7/7/2011: Zafgen venture capital transaction
Next: 7/7/2011: ParAccel venture capital transaction
Share this article
About Our VC Transactions Data
We record every notable VC transaction. All VC database entries reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs