Tech Company Financing Transactions
Midokura Funding Round
Midokura, based in Barcelona, secured $20.4 million from Innovation Network Corporation of Japan, private investors and Simplex.
Transaction Overview
Company Name
Announced On
6/8/2016
Transaction Type
Venture Equity
Amount
$20,400,000
Round
Series B
Investors
Innovation Network Corporation of Japan (Kimikazu Noumi)
private investors (Allen Miner)
Simplex (Hideki Kaneko)
Proceeds Purpose
The new round of funding will be used to address market demand to continue to provide 24/7 enterprise-grade support for its globally popular MEM solution. Specifically, funds will be used to build upon and accelerate product development, expand the company's executive and development teams and secure new partnerships with industry leaders.
Company Information
Company Status
Private & Independent
Industry
Networking
Mailing Address
Ronda de Sant Pere, 16 6º
Barcelona, 08010
Spain
Barcelona, 08010
Spain
Phone
Undisclosed
Website
Email Address
Overview
It is Midokura's mission to unleash the full power of an organization's networks -- while reducing physical network and management costs -- by adding Midokura's virtualization software layer onto enterprise, data center and government machines, in turn scaling to hundreds of thousands of virtual ports from a single physical network.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tatsuya Kato
Chief Technical Officer
Pino de Candia
Co-Founder
Daniel Dumitriu
VP - Bus. Development
Adam Johnson
VP - R & D
Masakazu Koyanagi
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