Tech Company Financing Transactions
Rift.io Funding Round
On 8/14/2015, Rift.io announced $16 million in Series A financing from North Bridge Venture Partners and private investors.
Transaction Overview
Company Name
Announced On
8/14/2015
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series A
Investors
North Bridge Venture Partners (Lead Investor) (Ed Anderson)
Proceeds Purpose
The funds raised will be used to continue the development of RIFT.ware, the company's open source network virtualization platform, and expand its world-class product, design, and engineering teams, while growing its marketing and customer support capabilities.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
119 Drum Hill Rd. 382
Chelmsford, MA 01824
USA
Chelmsford, MA 01824
USA
Phone
Website
Email Address
Overview
Our goal from day one was to build a platform that would provide everyone with the same capabilities and technology enjoyed by the largest networking technology companies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Greg Alden
Chief Financial Officer
Scott Bryce
Chief Technical Officer
Tim Mortsolf
Vice President
Scott Myelle
VP - Client Services
Noel Charath
VP - Product Management
George Hamilton
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