Tech Company Financing Transactions

Diligent Technologies Funding Round

Diligent Technologies closed a $10.5 million Series D financing round on 8/20/2007. Investors included Eastward Capital Partners, Accel Partners and Gemini Israel Funds.

Transaction Overview

Company Name
Diligent Technologies
Announced On
8/20/2007
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Series D
Investors

Eastward Capital Partners (Lead Investor)

Accel Partners (Kevin Comolli)

Gemini Israel Funds (Adi Pundak-Mintz)

Matrix Partners (David Skok)

Proceeds Purpose
Diligent will use the funds to further its research and development of enterprise-class data protection technologies and acquire additional resources across its sales, support and engineering staff.

Company Information

Company Status
Acquired or Merged
Industry
Storage
Mailing Address
175 Crossing Boulevard
Framingham, MA 01702
USA
Phone
508-663-1300
Website
www.diligent.com
Email Address
[email protected]
Overview
Diligent is a world-class innovator in enterprise-class disk-based storage solutions.
Profile
Diligent Technologies LinkedIn Company Profile
Social Media
Diligent Technologies Company Twitter Account
Company News
Diligent Technologies News
Facebook
Diligent Technologies on Facebook
YouTube
Diligent Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Doron Kempel
  Doron Kempel LinkedIn Profile  Doron Kempel Twitter Account  Doron Kempel News  Doron Kempel on Facebook
Chief Technical Officer
Neville Yates
  Neville Yates LinkedIn Profile  Neville Yates Twitter Account  Neville Yates News  Neville Yates on Facebook
VP - Bus. Development
Peter O'Brien
  Peter O'Brien LinkedIn Profile  Peter O'Brien Twitter Account  Peter O'Brien News  Peter O'Brien on Facebook
VP - Engineering
Ron Asher
  Ron Asher LinkedIn Profile  Ron Asher Twitter Account  Ron Asher News  Ron Asher on Facebook
VP - Operations
Paul Morin
  Paul Morin LinkedIn Profile  Paul Morin Twitter Account  Paul Morin News  Paul Morin on Facebook

 

 

Browse more venture capital transactions:

Prev: 8/20/2007: VytronUS venture capital transaction
Next: 8/20/2007: Inventure Chemical venture capital transaction

 

Share this article

 

Where The Data Comes From

We do our best to document all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2024. Gaebler Ventures. All rights reserved.