Tech Company Financing Transactions
Portworx Funding Round
Portworx, based in Los Altos, raised $20 million from Sapphire Ventures, GE Ventures and Mayfield Fund.
Transaction Overview
Company Name
Announced On
4/6/2017
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Sapphire Ventures (Lead Investor) (Jai Das)
GE Ventures (Abhishek Shukla)
Mayfield Fund (Michael Dell)
Proceeds Purpose
Portworx will use this new funding to aggressively ramp up enterprise sales and deliver new key features in the product roadmap, such as data encryption and access controls, hybrid and multi-cloud data management, and deeper integration with container schedulers such as Kubernentes, Docker Swarm and Mesosphere.
Company Information
Company Status
Private & Independent
Industry
Storage
Mailing Address
4940 El Camino Real 200
Los Altos, CA 94022
USA
Los Altos, CA 94022
USA
Phone
Website
Email Address
Overview
Portworx PWX enables the rapid deployment of stateful, distributed applications into production. With PWX, applications can be scaled rapidly without IT intervention. DevOps can provision storage to containers in an automated and container-centric way.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Murli Thirumale
Chief Technical Officer
Vinod Jayaraman
Chief Technical Officer
Gou Rao
VP - Engineering
Venkat Ramakrishnan
VP - Product Management
Michael Ferranti
VP - Product Management
Eric Han
VP - Sales
Steve Ackley
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