Tech Company Financing Transactions
Expanso Funding Round
Expanso, operating out of Seattle, raised $7.5 million in funding from General Catalyst, Hetz Ventures and Array Ventures.
Transaction Overview
Company Name
Announced On
11/21/2023
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Seattle, WA Undisclosed
USA
Seattle, WA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Expanso, a software company building upon their open-source project Bacalhau, offers a unique platform for fast, affordable, and secure computation. Expanso addresses problems of data that is too big to move, networks that are too slow, where merely touching the data leads to security issues. They orchestrate jobs to run where the data is generated and stored, eliminating costly and risky data transfers and storage. Only the results are moved, not the raw data itself.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Aronchick
Chief Technical Officer
Walid Baruni
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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