Tech Company Financing Transactions
Alcion Funding Round
Alcion closed a $8 million Seed funding round on 6/1/2023. Investors included DataRobot and private investors.
Transaction Overview
Company Name
Announced On
6/1/2023
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Seed
Investors
DataRobot (Debanjan Saha)
private investors (Abhinav Asthan)
private investors (Amarjit Gil)
private investors (Lip-Bu Tan)
Proceeds Purpose
The company intends to use the funds to exit stealth mode, take its BaaS product to market, expand community, and accelerate product development efforts.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
3979 Freedom Circle Mission Towers 340
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Undisclosed
Website
Email Address
Overview
Alcion is a company founded on the pillars of being product-led and community-driven and has firm technical underpinnings in a modern and AI-driven architecture built for modern workloads and threat environments. It solves data management challenges, including disaster recovery, ransomware and malware threats, and compliance, faced by companies storing data in the cloud.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Niraj Tolia
Chief Technical Officer
Vaibhav Kamra
Browse more venture capital transactions:
Prev: 6/1/2023: Ceibo venture capital transaction
Next: 6/1/2023: Red Flag Alert venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. All VC database entries reported here come from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs