Tech Company Financing Transactions
6fusion Funding Round
6fusion, operating out of Raleigh, scored $7 million from Grotech Ventures and Intersouth Partners.
Transaction Overview
Company Name
Announced On
8/22/2011
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series B
Investors
Grotech Ventures (Lead Investor) (Lawson DeVries)
Intersouth Partners (Mitch Mumma)
Proceeds Purpose
6fusion plans to use the proceeds to accelerate the adoption of its key technologies around the world following the substantial growth it has experienced since moving the company to Raleigh, North Carolina in August of 2010
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
1730 Varsity Dr. 130
Raleigh, NC 27606
USA
Raleigh, NC 27606
USA
Phone
Website
Email Address
Not Recorded
Overview
6fusion was founded in 2010 as a result of a simple observation: IT should be treated as a Utility-- ubiquitous, pervasive, and absolutely (price) transparent.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Cowan
Chief Operating Officer
Richard Martin
Chief Technical Officer
Delano Seymour
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