Tech Company Financing Transactions

ScaleIO Funding Round

ScaleIO closed a $12 million funding round on 12/5/2012. Investors included Greylock Partners and Norwest Venture Partners.

Transaction Overview

Company Name
Announced On
12/5/2012
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the funding to expand its field operations in response to growing demand by enterprises and service providers for the ScaleIO ECS software product.

Company Information

Company Status
Acquired or Merged
Industry
Storage
Mailing Address
525 University Avenue 800
Palo Alto, CA 94301
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
ScaleIO ECS is a software-only solution that uses application hosts' local disks to realize a virtual SAN that is comparable to or better than external SAN storage, but at a fraction of the cost and complexity.
Profile
ScaleIO LinkedIn Company Profile
Social Media
ScaleIO Company Twitter Account
Company News
ScaleIO News
Facebook
ScaleIO on Facebook
YouTube
ScaleIO on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Boaz Palgi
  Boaz Palgi LinkedIn Profile  Boaz Palgi Twitter Account  Boaz Palgi News  Boaz Palgi on Facebook
Chief Technical Officer
Erez Webman
  Erez Webman LinkedIn Profile  Erez Webman Twitter Account  Erez Webman News  Erez Webman on Facebook
Co-Founder
Lior Bahat
  Lior Bahat LinkedIn Profile  Lior Bahat Twitter Account  Lior Bahat News  Lior Bahat on Facebook
Co-Founder
Eran Borovik
  Eran Borovik LinkedIn Profile  Eran Borovik Twitter Account  Eran Borovik News  Eran Borovik on Facebook
Co-Founder
Erez Ungar
  Erez Ungar LinkedIn Profile  Erez Ungar Twitter Account  Erez Ungar News  Erez Ungar on Facebook


 

 

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Prev: 12/5/2012: SmartThings venture capital transaction
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