Tech Company Financing Transactions

DriveScale Funding Round

DriveScale secured a $15 million Series A financing round on 5/20/2016. Backers included Pelion Venture Partners, Foxconn Technology Group and Nautilus Venture Partners.

Transaction Overview

Company Name
Announced On
5/20/2016
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors

Pelion Venture Partners (Lead Investor) (Carl Ledbetter)

Foxconn Technology Group

Nautilus Venture Partners (Connie Sheng)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
1230 Midas Way 210
Sunnyvale, CA 94085
USA
Email Address
Overview
DriveScale is leading the charge in bringing hyperscale computing capabilities to mainstream enterprises.
Profile
DriveScale LinkedIn Company Profile
Social Media
DriveScale Company Twitter Account
Company News
DriveScale News
Facebook
DriveScale on Facebook
YouTube
DriveScale on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gene Banman
  Gene Banman LinkedIn Profile  Gene Banman Twitter Account  Gene Banman News  Gene Banman on Facebook
Chief Scientific Officer
Thomas Lyon
  Thomas Lyon LinkedIn Profile  Thomas Lyon Twitter Account  Thomas Lyon News  Thomas Lyon on Facebook
Chief Technical Officer
Satya Nishtala
  Satya Nishtala LinkedIn Profile  Satya Nishtala Twitter Account  Satya Nishtala News  Satya Nishtala on Facebook
VP - Engineering
Jean -Francois Remy
  Jean -Francois Remy LinkedIn Profile  Jean -Francois Remy Twitter Account  Jean -Francois Remy News  Jean -Francois Remy on Facebook
VP - Operations
Chris Munford
  Chris Munford LinkedIn Profile  Chris Munford Twitter Account  Chris Munford News  Chris Munford on Facebook
VP - Sales
Jeffrey Raice
  Jeffrey Raice LinkedIn Profile  Jeffrey Raice Twitter Account  Jeffrey Raice News  Jeffrey Raice on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/20/2016: Empire Genomics venture capital transaction
Next: 5/20/2016: Tink venture capital transaction

 

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We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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