Tech Company Financing Transactions
Cleversafe Funding Round
Cleversafe closed a $55 million Series D financing round on 8/20/2013. Backers included New Enterprise Associates, New World Ventures and private investors.
Transaction Overview
Company Name
Announced On
8/20/2013
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Series D
Investors
New Enterprise Associates (Lead Investor) (Peter Barris)
New World Ventures (J.B. Pritzker)
Proceeds Purpose
With the recent infusion of capital, Cleversafe plans to extend its rapid growth and customer engagements, as well as expand into new vertical market segments. The company also plans to increase its product development efforts to deliver additional innovative solutions in conjunction with leading industry partners to help its customers continue to reduce the costs of storing data.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
222 South Riverside Plz. 1700
Chicago, IL 60606
USA
Chicago, IL 60606
USA
Phone
Website
Email Address
Overview
Cleversafe is committed to storing the world's data. It's an ambitious goal, but one we think can be achieved through the open source development of innovative and useful technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Christopher Gladwin
Chief Executive Officer
John Morris
VP - Engineering
Tom Shirley
VP - Finance
Robert Joy
VP - Human Resources
Jennifer Browning
VP - Product Management
Rob McCammon
Browse more venture capital transactions:
Prev: 8/20/2013: Ambiq Micro venture capital transaction
Next: 8/20/2013: TraceLink venture capital transaction
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We document every notable VC transaction. All VC database entries on this site come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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