Tech Company Financing Transactions

Kollective Funding Round

On 5/17/2016, Kollective raised $12.2 million in Series C funding from Cross Creek Capital, Hatteras Venture Partners and MK Capital.

Transaction Overview

Company Name
Announced On
5/17/2016
Transaction Type
Venture Equity
Amount
$12,249,943
Round
Series C
Investors

Cross Creek Capital (Karey Barker)

Hatteras Venture Partners

MK Capital (Mark Koulogeorge)

Pritzker Group Venture Capital (Adam Koopersmith)

Proceeds Purpose
The company intends to use the money to fund operations for its cloud-based solution that utilizes the power of Software Defined Networking to address enterprise content delivery problems for video, software updates and other large, complex files. In addition, the investment will be leveraged to augment Kollective's already successful Microsoft Skype Meeting Broadcast partnership and fuel strategic growth including sales and R&D, as well as expand the Company's efforts in China, India, Hong Kong, Japan, Korea and Singapore to meet significant market and product demand.

Company Information

Company Status
Private & Independent
Industry
Networking
Mailing Address
549 NW York Dr. 260
Bend, OR 97703
USA
Email Address
Overview
Kollective offers cloud-based solutions that utilize the power of Software Defined Networking to bring immediate value to enterprise IT without requiring new hardware. Kollective drives a significant ROI and turns the promise of software defined content delivery into reality.
Profile
Kollective LinkedIn Company Profile
Social Media
Kollective Company Twitter Account
Company News
Kollective News
Facebook
Kollective on Facebook
YouTube
Kollective on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daniel Vetras
  Daniel Vetras LinkedIn Profile  Daniel Vetras Twitter Account  Daniel Vetras News  Daniel Vetras on Facebook
Chief Marketing Officer
Eric Nguyen
  Eric Nguyen LinkedIn Profile  Eric Nguyen Twitter Account  Eric Nguyen News  Eric Nguyen on Facebook
Chief Technical Officer
John Wainwright
  John Wainwright LinkedIn Profile  John Wainwright Twitter Account  John Wainwright News  John Wainwright on Facebook
Vice President
Jay Gordon
  Jay Gordon LinkedIn Profile  Jay Gordon Twitter Account  Jay Gordon News  Jay Gordon on Facebook
VP - Customer Service
Michael Lyons
  Michael Lyons LinkedIn Profile  Michael Lyons Twitter Account  Michael Lyons News  Michael Lyons on Facebook
VP - Operations
Karen Castagnera
  Karen Castagnera LinkedIn Profile  Karen Castagnera Twitter Account  Karen Castagnera News  Karen Castagnera on Facebook
VP - Sales
Craig Gordon
  Craig Gordon LinkedIn Profile  Craig Gordon Twitter Account  Craig Gordon News  Craig Gordon on Facebook


 

 

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Prev: 5/17/2016: Allurion Technologies venture capital transaction
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