Tech Company Financing Transactions

Racemi Funding Round

On 7/3/2014, Racemi received $10 million in Series C financing from Milestone Venture Partners, Harbert Venture Partners and Paladin Capital Group.

Transaction Overview

Company Name
Racemi
Announced On
7/3/2014
Transaction Type
Venture Equity
Venture Equity
Amount
$10,000,000
Round
Series C
Investors

Milestone Venture Partners (Lead Investor) (Morgan Rodd)

Harbert Venture Partners (Wayne Hunter)

Paladin Capital Group (Philip Eliot)

Proceeds Purpose
The funds will be used to further scale Racemi sales, services and engineering to meet growing demand for its cloud migration software, which automates the process of migrating workloads to public, private and hybrid clouds.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
360 Interstate North Pkwy. SE 360
Atlanta, GA 30339
USA
Phone
(404) 892-5850
Website
www.racemi.com
Email Address
[email protected]
Overview
We patented blade-server technology, but reality dictated that 2001 was not a good time to start a technology manufacturing company.
Profile
Racemi LinkedIn Company Profile
Social Media
Racemi Company Twitter Account
Company News
Racemi News
Facebook
Racemi on Facebook
YouTube
Racemi on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Lawrence Guillory
  Lawrence Guillory LinkedIn Profile  Lawrence Guillory Twitter Account  Lawrence Guillory News  Lawrence Guillory on Facebook
Chief Financial Officer
Tom Edwards
  Tom Edwards LinkedIn Profile  Tom Edwards Twitter Account  Tom Edwards News  Tom Edwards on Facebook
Chief Technical Officer
Charles Watt
  Charles Watt LinkedIn Profile  Charles Watt Twitter Account  Charles Watt News  Charles Watt on Facebook
VP - Bus. Development
Steve Barriero
  Steve Barriero LinkedIn Profile  Steve Barriero Twitter Account  Steve Barriero News  Steve Barriero on Facebook
VP - Engineering
Scott Mewett
  Scott Mewett LinkedIn Profile  Scott Mewett Twitter Account  Scott Mewett News  Scott Mewett on Facebook
VP - Sales
Mark Timm
  Mark Timm LinkedIn Profile  Mark Timm Twitter Account  Mark Timm News  Mark Timm on Facebook

 

 

Browse more venture capital transactions:

Prev: 7/3/2014: Zoomforth venture capital transaction
Next: 7/3/2014: Five venture capital transaction

 

Share this article

 

About Database of VC Transactions

We do our best to report on tech company VC transactions. All VC database entries reported here are sourced from a variety of public sources. The data is sourced from 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.