Tech Company Financing Transactions

ShotSpotter Funding Round

ShotSpotter, based in Newark, secured $7.5 million from The Westly Group, City Light Capital and Claremont Creek Ventures.

Transaction Overview

Company Name
Announced On
6/17/2008
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Series D
Investors

The Westly Group (Lead Investor) (Steven Westly)

City Light Capital (Josh Cohen)

Claremont Creek Ventures (Randy Hawks)

Labrador Ventures (Stuart Davidson)

Lauder Partners (Gary Lauder)

Norwest Venture Partners (Matthew Howard)

Proceeds Purpose
The company will use this expansion capital to further solidify the dominance of its flagship product, the ShotSpotter GLS, in both the U.S. domestic public safety and military markets and to accelerate market expansion internationally. The funds will also be used for strategic purposes.

Company Information

Company Status
Private & Independent
Industry
Defense
GovTech
Mailing Address
7979 Gateway Blvd. 210
Newark, CA 94560
USA
Email Address
Overview
ShotSpotter is the maker of the ShotSpotter gunshot location systems and technology. The company's flagship product, the ShotSpotter Gunshot Location System, detects gunfire and other weapons-events across large urban areas using a small number of inexpensive and easy-to-deploy sensors.
Profile
ShotSpotter LinkedIn Company Profile
Social Media
ShotSpotter Company Twitter Account
Company News
ShotSpotter News
Facebook
ShotSpotter on Facebook
YouTube
ShotSpotter on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ralph Clark
  Ralph Clark LinkedIn Profile  Ralph Clark Twitter Account  Ralph Clark News  Ralph Clark on Facebook
Chief Financial Officer
Alan Stewart
  Alan Stewart LinkedIn Profile  Alan Stewart Twitter Account  Alan Stewart News  Alan Stewart on Facebook
VP - Customer Service
Michael Will
  Michael Will LinkedIn Profile  Michael Will Twitter Account  Michael Will News  Michael Will on Facebook
VP - Engineering
Douglas McFarlin
  Douglas McFarlin LinkedIn Profile  Douglas McFarlin Twitter Account  Douglas McFarlin News  Douglas McFarlin on Facebook
VP - Engineering
David Rodgers
  David Rodgers LinkedIn Profile  David Rodgers Twitter Account  David Rodgers News  David Rodgers on Facebook
VP - Finance
Sonya Strickler
  Sonya Strickler LinkedIn Profile  Sonya Strickler Twitter Account  Sonya Strickler News  Sonya Strickler on Facebook
VP - Marketing
Samuel Klepper
  Samuel Klepper LinkedIn Profile  Samuel Klepper Twitter Account  Samuel Klepper News  Samuel Klepper on Facebook
VP - Operations
Joseph Hawkins
  Joseph Hawkins LinkedIn Profile  Joseph Hawkins Twitter Account  Joseph Hawkins News  Joseph Hawkins on Facebook
VP - Product Management
Paul Ames
  Paul Ames LinkedIn Profile  Paul Ames Twitter Account  Paul Ames News  Paul Ames on Facebook
VP - Sales
Gary Bunyard
  Gary Bunyard LinkedIn Profile  Gary Bunyard Twitter Account  Gary Bunyard News  Gary Bunyard on Facebook
VP - Sales
Jon Magin
  Jon Magin LinkedIn Profile  Jon Magin Twitter Account  Jon Magin News  Jon Magin on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/17/2008: MMFX Technologies venture capital transaction
Next: 6/17/2008: Veeva Systems venture capital transaction

 

Share this article

 


About Database of VC Transactions

We do our best to report on every notable VC transaction. VC investment data records reported here come 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