Tech Company Financing Transactions
Involta Funding Round
Involta closed a $50 million funding round on 7/2/2014. Investors included M/C Venture Partners and Morgan Stanley Venture Partners.
Transaction Overview
Company Name
Announced On
7/2/2014
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
M/C Venture Partners (Lead Investor) (Gillis Cashman)
Proceeds Purpose
The financing will enable Involta to make strategic acquisitions, provide some shareholder liquidity, and support its rapid growth in offering colocation and managed services throughout the country.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
P.O. Box 1986
Cedar Rapids, IA 52406
USA
Cedar Rapids, IA 52406
USA
Phone
Website
Email Address
Overview
Involta builds, owns and operates Multi-Tenant Data Centers in secondary markets throughout the United States.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bruce Lehrman
Chief Financial Officer
James Buie
Chief Operating Officer
Ken Kremer
Chief Technical Officer
Thomas Wilcox
Vice President
Michael Meloy
VP - General Counsel
Randy Rings
VP - Human Resources
Sue Sedrel
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About Our Venture Capital Transactions Database
We do our best to document every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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