Tech Company Financing Transactions

ClearDATA Funding Round

On 4/14/2017, ClearDATA received $12 million in financing from Excel Venture Management, Flare Capital Partners and HLM Venture Partners.

Transaction Overview

Company Name
ClearDATA
Announced On
4/14/2017
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors

Excel Venture Management (Caleb Winder)

Flare Capital Partners

HLM Venture Partners (Marty Felsenthal)

Merck Global Health Innovation Fund (Joseph Volpe)

Norwest Venture Partners (Robert Abbott)

Proceeds Purpose
The proceeds will be used primarily to expand the company's presence in the marketplace and for continued product innovation. The financing will support a significant expansion of ClearDATA's healthcare-exclusive, HIPAA-compliant cloud.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
835 West Sixth St. 12th Floor
Austin, TX 78703
USA
Phone
(602) 635-4000
Website
www.cleardata.com
Email Address
[email protected]
Overview
ClearDATA provides HIPAA compliant cloud hosting, backup, disaster recovery and information security services exclusively for the healthcare industry.
Profile
ClearDATA LinkedIn Company Profile
Social Media
ClearDATA Company Twitter Account
Company News
ClearDATA News
Facebook
ClearDATA on Facebook
YouTube
ClearDATA on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Darin Brannan
  Darin Brannan LinkedIn Profile  Darin Brannan Twitter Account  Darin Brannan News  Darin Brannan on Facebook
Chief Information Officer
Christopher Bowen
  Christopher Bowen LinkedIn Profile  Christopher Bowen Twitter Account  Christopher Bowen News  Christopher Bowen on Facebook
Chief Technical Officer
Matthew Ferrari
  Matthew Ferrari LinkedIn Profile  Matthew Ferrari Twitter Account  Matthew Ferrari News  Matthew Ferrari on Facebook
Vice President
Carl Kunkleman
  Carl Kunkleman LinkedIn Profile  Carl Kunkleman Twitter Account  Carl Kunkleman News  Carl Kunkleman on Facebook
VP - Human Resources
Sue Darrow
  Sue Darrow LinkedIn Profile  Sue Darrow Twitter Account  Sue Darrow News  Sue Darrow on Facebook

 

 

Browse more venture capital transactions:

Prev: 4/14/2017: Ink Labs venture capital transaction
Next: 4/14/2017: FishBrain venture capital transaction

 

Share this article

 

News on VC Transactions

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2024. Gaebler Ventures. All rights reserved.