Tech Company Financing Transactions
Exostellar Funding Round
Cambium Capital Partners, Celesta Capital and AI Capital participated in a $15 million Series A venture round for Exostellar. This VC investment round was announced by the company on 9/14/2023.
Transaction Overview
Company Name
Announced On
9/14/2023
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and to propel its technology into the AI-GPU domain.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
350 Duffield Hall N
Ithaca, NY 14850
USA
Ithaca, NY 14850
USA
Phone
Undisclosed
Website
Email Address
Overview
Developer of a cloud resource optimization and management platform intended to help enterprises reduce spending on cloud computing resources. The company's platform provides a combination of application containers and virtual machines with portable architecture and live migration of stateful workloads, enabling businesses to reduce cloud computing costs and increase reliability and performance.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tony Shakib
Chief Technical Officer
Zhiming Shen
Co-Founder
Robbert Renesse
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