Tech Company Financing Transactions

Hazelcast Funding Round

Hazelcast closed a $29.5 million Series D investment round on 2/12/2020. Backers included Bain Capital Ventures, C5 Capital and Capital One Growth Ventures.

Transaction Overview

Company Name
Hazelcast
Announced On
2/12/2020
Transaction Type
Debt
Venture Equity
Amount
$29,500,000
Round
Series D
Investors

Bain Capital Ventures (William Lehmann)

C5 Capital (Marcos Battisti)

Capital One Growth Ventures (Venkatesh Seetharam)

Comerica Bank

DEG

Earlybird Venture Capital (Roland Manger)

EBRD Venture Capital Investment Programme

Proceeds Purpose
The company intends to use the funds to further accelerate its expanding roadmap for supporting enterprise cloud, edge and machine learning initiatives, including the previously announced co-engineering initiative with Intel and the reselling agreement through IBM.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
2 West 5th Ave. 300
San Mateo, CA 94402
USA
Phone
(650) 521-5453
Website
www.hazelcast.com
Email Address
[email protected]
Overview
Speed takes on a whole new meaning when it refers to billions of devices requiring real-time interaction. Hazelcast's in-memory technology delivers blinding speed, opening up a whole new level of opportunities for innovation.
Profile
Hazelcast LinkedIn Company Profile
Social Media
Hazelcast Company Twitter Account
Company News
Hazelcast News
Facebook
Hazelcast on Facebook
YouTube
Hazelcast on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kelly Herrell
  Kelly Herrell LinkedIn Profile  Kelly Herrell Twitter Account  Kelly Herrell News  Kelly Herrell on Facebook
Chief Financial Officer
Marion Smith
  Marion Smith LinkedIn Profile  Marion Smith Twitter Account  Marion Smith News  Marion Smith on Facebook
Chief Marketing Officer
Steve Wooledge
  Steve Wooledge LinkedIn Profile  Steve Wooledge Twitter Account  Steve Wooledge News  Steve Wooledge on Facebook
Chief Technical Officer
Enes Akar
  Enes Akar LinkedIn Profile  Enes Akar Twitter Account  Enes Akar News  Enes Akar on Facebook
Chief Technical Officer
Greg Luck
  Greg Luck LinkedIn Profile  Greg Luck Twitter Account  Greg Luck News  Greg Luck on Facebook
VP - Sales
Chris Wilson
  Chris Wilson LinkedIn Profile  Chris Wilson Twitter Account  Chris Wilson News  Chris Wilson on Facebook

 

 

Browse more venture capital transactions:

Prev: 2/12/2020: Sixgill venture capital transaction
Next: 2/12/2020: Cysiv venture capital transaction

 

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