Tech Company Financing Transactions
OpenService Funding Round
Advent International participated in a $8 million Series C capital raise for OpenService. The funding round was announced on 11/24/2003.
Transaction Overview
Company Name
Announced On
11/24/2003
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series C
Investors
Advent International (Lead Investor) (Michael Pehl)
Proceeds Purpose
Proceeds from the financing will be used to establish additional direct and indirect sales channels, expand marketing initiatives, and fund further development and expansion of Open's product portfolio.
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
67 Forest Street
Marlborough, MA 01752
USA
Marlborough, MA 01752
USA
Phone
Website
Email Address
Overview
OpenService, Inc. is a leading provider of Security Information and Event Management (SIEM), Event Correlation and Network Monitoring solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
William Seibel
Chief Financial Officer
Jeff Lavin
Chief Technical Officer
Geoffrey Coulter
President
Mike Schmitt
VP - Engineering
John Lehmann
VP - Marketing
Jeff Aliber
VP - Sales
Bill Frank
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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