Tech Company Financing Transactions
Xeround Funding Round
Xeround, based in Mountain View, secured $16 million in investment from Ignition Partners, Benchmark Capital and Giza Capital.
Transaction Overview
Company Name
Announced On
7/9/2008
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series B
Investors
Ignition Partners (Lead Investor) (Adrian Smith)
Trilogy Equity Partners (Timothy Wong)
Proceeds Purpose
The newly acquired funds will be used to increase sales and marketing activities as well as to step up research and development to advance the product roadmap.
Company Information
Company Status
Out of Business
Industry
Software
Mailing Address
800 West El Camino Real 180
Mountain View, CA 94040
USA
Mountain View, CA 94040
USA
Phone
Website
Email Address
Overview
Xeround enables a truly scalable cloud computing infrastructure by providing elastic and highly available database software for public and private clouds.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Razi Sharir
Chief Financial Officer
Oded Zaltsman
VP - Engineering
Avi Vigder
VP - Marketing
Itamar Haber
Browse more venture capital transactions:
Prev: 7/9/2008: iPipeline venture capital transaction
Next: 7/9/2008: Portola Pharmaceuticals venture capital transaction
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