Tech Company Financing Transactions
RightScale Funding Round
RightScale, operating out of Santa Barbara, secured $13 million in investment from Benchmark Capital and Index Ventures.
Transaction Overview
Company Name
Announced On
12/8/2008
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series B
Investors
Benchmark Capital (Kevin Harvey)
Index Ventures (Danny Rimer)
Proceeds Purpose
RightScale will use the proceeds to accelerate product and market development of its cloud computing management platform to meet growing demand, including support for new clouds and expansion into additional geographic markets.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
402 E. Gutierrez St.
Santa Barbara, CA 93101
USA
Santa Barbara, CA 93101
USA
Phone
Website
Email Address
Overview
RightScale, Inc. delivers the platform, tools and expertise that enable companies to create scalable web solutions on cloud computing services that are reliable, easy to manage, and cost less.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Crandell
Chief Financial Officer
Steve Morrison
Chief Technical Officer
Raphael Simon
Founder
Thorsten Eicken
VP - Bus. Development
Josh Fraser
VP - Customer Service
Bailey Caldwell
VP - Engineering
Ryan Williamson
VP - Marketing
Kim Weins
VP - Product Management
Ryan O'Leary
Browse more venture capital transactions:
Prev: 12/5/2008: PureWave Networks venture capital transaction
Next: 12/8/2008: Oncoscope venture capital transaction
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