Tech Company Financing Transactions
Softricity Funding Round
Meritech Capital Partners, Covera Ventures and FA Technology Ventures invested in a $15 million funding round for Softricity. The financing round was announced by the company on 4/20/2005.
Transaction Overview
Company Name
Announced On
4/20/2005
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
Meritech Capital Partners (Lead Investor) (Mark Lockareff)
Proceeds Purpose
This investment will enable Softricity to aggressively expand U.S.-based sales channels and federal government contracts while further developing European operations.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
27 Melcher Street 3rd Floor
Boston, MA 02210
USA
Boston, MA 02210
USA
Phone
Website
Email Address
Not Recorded
Overview
Softricity helps enterprises simplify and accelerate software management with SoftGrid, the industry's first application virtualization platform.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Art Matin
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About Our Venture Capital Transactions Database
We document all VC transactions involving tech companies. All VC database entries on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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