Tech Company Financing Transactions

Magnet Systems Funding Round

Magnet Systems, operating out of Palo Alto, received $12.6 million in funding from Andreessen Horowitz and private investors.

Transaction Overview

Company Name
Announced On
4/28/2011
Transaction Type
Venture Equity
Amount
$12,600,000
Round
Undisclosed
Investors

Andreessen Horowitz (Lead Investor) (Benjamin Horowitz)

private investors (William Janeway)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
2300 Geng Rd. 100
Palo Alto, CA 94303
USA
Email Address
Overview
WIN enables the efficient development of secure and manageable enterprise social applications that take workforce productivity to new heights. WIN-based applications shift the center of gravity for enterprise software from the company to the user.
Profile
Magnet Systems LinkedIn Company Profile
Social Media
Magnet Systems Company Twitter Account
Company News
Magnet Systems News
Facebook
Magnet Systems on Facebook
YouTube
Magnet Systems on YouTube

Management Team

Title
Name
Email & Social
Chairman
Alfred Chuang
  Alfred Chuang LinkedIn Profile  Alfred Chuang Twitter Account  Alfred Chuang News  Alfred Chuang on Facebook
Chief Executive Officer
Thomas Ku
  Thomas Ku LinkedIn Profile  Thomas Ku Twitter Account  Thomas Ku News  Thomas Ku on Facebook
VP - Human Resources
Jessica Mansfield
  Jessica Mansfield LinkedIn Profile  Jessica Mansfield Twitter Account  Jessica Mansfield News  Jessica Mansfield on Facebook
VP - Product Management
Brad Reiter
  Brad Reiter LinkedIn Profile  Brad Reiter Twitter Account  Brad Reiter News  Brad Reiter on Facebook
VP - Sales
Matthew Green
  Matthew Green LinkedIn Profile  Matthew Green Twitter Account  Matthew Green News  Matthew Green on Facebook


 

 

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Prev: 4/28/2011: 140 Proof venture capital transaction
Next: 4/28/2011: NetSocket venture capital transaction

 

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