Tech Company Financing Transactions

SourceLabs Funding Round

SourceLabs closed a $7 million Series B funding round on 10/27/2006. Investors included Ignition Partners, Index Ventures and Madrona Venture Group.

Transaction Overview

Company Name
Announced On
10/27/2006
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series B
Proceeds Purpose
The company will use the additional funds to fuel the growth of its core business of providing enterprises with solutions that realize the tremendous cost savings and flexibility of open source infrastructure software in a low-risk manner.

Company Information

Company Status
Out of Business
Industry
Software
Mailing Address
411 First Ave S. 750
Seattle, WA 98104
USA
Email Address
Overview
SourceLabs, based in Seattle, Washington, provides the complete set ofsoftware integration, testing, support and maintenance solutions requiredto deliver dependable open source systems for large enterprises.
Profile
SourceLabs LinkedIn Company Profile
Social Media
SourceLabs Company Twitter Account
Company News
SourceLabs News
Facebook
SourceLabs on Facebook
YouTube
SourceLabs on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Byron Sebastian
  Byron Sebastian LinkedIn Profile  Byron Sebastian Twitter Account  Byron Sebastian News  Byron Sebastian on Facebook
VP - Sales
Merle Axlerod
  Merle Axlerod LinkedIn Profile  Merle Axlerod Twitter Account  Merle Axlerod News  Merle Axlerod on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/26/2006: Extricom venture capital transaction
Next: 10/30/2006: Spot Runner venture capital transaction

 

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We report on every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


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