Tech Company Financing Transactions

Piston Cloud Computing Funding Round

Piston Cloud Computing, based in San Francisco, secured $8 million in investment from Cisco Investments, Data Collective and Divergent Ventures.

Transaction Overview

Announced On
2/4/2013
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series B
Investors

Cisco Investments

Data Collective (Matthew Ocko)

Divergent Ventures (Kevin Ober)

HWVP (Lars Leckie)

True Ventures (Puneet Agarwal)

Proceeds Purpose
The investment will be used to fuel product development, meet the needs of Piston Cloud's rapidly expanding customer base and further deliver on the company's vision for mass adoption of OpenStack.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
49 Geary St. 530
San Francisco, CA 94108
USA
Email Address
Overview
Piston is focused on delivering on- and off-premise products and solutions that make Cloud Computing usable for the Enterprise. The team is composed of the major architects from the OpenStack project, recently spun out of NASA and quickly becoming the lead open source IaaS platform.
Profile
Piston Cloud Computing LinkedIn Company Profile
Social Media
Piston Cloud Computing Company Twitter Account
Company News
Piston Cloud Computing News
Facebook
Piston Cloud Computing on Facebook
YouTube
Piston Cloud Computing on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jim Morrisroe
  Jim Morrisroe LinkedIn Profile  Jim Morrisroe Twitter Account  Jim Morrisroe News  Jim Morrisroe on Facebook
Chief Marketing Officer
Gretchen Curtis
  Gretchen Curtis LinkedIn Profile  Gretchen Curtis Twitter Account  Gretchen Curtis News  Gretchen Curtis on Facebook
Chief Scientific Officer
Christopher MacGown
  Christopher MacGown LinkedIn Profile  Christopher MacGown Twitter Account  Christopher MacGown News  Christopher MacGown on Facebook
Chief Technical Officer
Joshua McKenty
  Joshua McKenty LinkedIn Profile  Joshua McKenty Twitter Account  Joshua McKenty News  Joshua McKenty on Facebook
VP - Bus. Development
John Spencer
  John Spencer LinkedIn Profile  John Spencer Twitter Account  John Spencer News  John Spencer on Facebook


 

 

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About Our Venture Capital Transactions Database

We record every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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