Tech Company Financing Transactions

Racemi Funding Round

Racemi, based in Atlanta, secured $7 million from Harbert Venture Partners, Paladin Capital Group and private investors.

Transaction Overview

Company Name
Announced On
7/17/2012
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series B
Investors

Harbert Venture Partners (Lead Investor) (Wayne Hunter)

Paladin Capital Group (Lead Investor) (Philip Eliot)

Proceeds Purpose
The funding will be used to scale Racemi sales, services and engineering to meet demand for its cloud migration software.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
360 Interstate North Pkwy. SE 360
Atlanta, GA 30339
USA
Email Address
Overview
We patented blade-server technology, but reality dictated that 2001 was not a good time to start a technology manufacturing company.
Profile
Racemi LinkedIn Company Profile
Social Media
Racemi Company Twitter Account
Company News
Racemi News
Facebook
Racemi on Facebook
YouTube
Racemi on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Lawrence Guillory
  Lawrence Guillory LinkedIn Profile  Lawrence Guillory Twitter Account  Lawrence Guillory News  Lawrence Guillory on Facebook
Chief Financial Officer
Tom Edwards
  Tom Edwards LinkedIn Profile  Tom Edwards Twitter Account  Tom Edwards News  Tom Edwards on Facebook
Chief Technical Officer
Charles Watt
  Charles Watt LinkedIn Profile  Charles Watt Twitter Account  Charles Watt News  Charles Watt on Facebook
VP - Bus. Development
Steve Barriero
  Steve Barriero LinkedIn Profile  Steve Barriero Twitter Account  Steve Barriero News  Steve Barriero on Facebook
VP - Engineering
Scott Mewett
  Scott Mewett LinkedIn Profile  Scott Mewett Twitter Account  Scott Mewett News  Scott Mewett on Facebook
VP - Sales
Mark Timm
  Mark Timm LinkedIn Profile  Mark Timm Twitter Account  Mark Timm News  Mark Timm on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/17/2012: OpenBucks venture capital transaction
Next: 7/17/2012: INTIO venture capital transaction

 

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We do our best to report on tech company VC transactions. All VC database entries reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


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