Tech Company Financing Transactions

Penguin Computing Funding Round

Penguin Computing, based in Fremont, secured $9 million from Signal Peak Ventures, Convergence Partners and San Francisco Equity Partners.

Transaction Overview

Company Name
Penguin Computing
Announced On
3/29/2007
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Series B
Investors

Signal Peak Ventures (Lead Investor) (Ed Ekstrom)

Convergence Partners (Eric Benedetto)

San Francisco Equity Partners (Scott Potter)

Weber Capital Management (Eugene Weber)

Proceeds Purpose
The injection of funds will help Penguin Computingtake advantage of the increasing demand for Linux High PerformanceComputing (HPC) solutions, both among its strong customer base in thecommercial, government and academic fields, and beyond to rapidly expandingenterprise markets such as web infrastructure.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
45800 Northport Loop West
Fremont, CA 94538
USA
Phone
(415) 954-2800
Website
www.penguincomputing.com
Email Address
[email protected]
Overview
Penguin Computing is the leading innovator of highly scalable Linux cluster, server and workstation platforms based on open standards hardware and software.
Profile
Penguin Computing LinkedIn Company Profile
Social Media
Penguin Computing Company Twitter Account
Company News
Penguin Computing News
Facebook
Penguin Computing on Facebook
YouTube
Penguin Computing on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Tom Coull
  Tom Coull LinkedIn Profile  Tom Coull Twitter Account  Tom Coull News  Tom Coull on Facebook
Chief Financial Officer
Lisa Cummins
  Lisa Cummins LinkedIn Profile  Lisa Cummins Twitter Account  Lisa Cummins News  Lisa Cummins on Facebook
Chief Technical Officer
Phillip Pokorny
  Phillip Pokorny LinkedIn Profile  Phillip Pokorny Twitter Account  Phillip Pokorny News  Phillip Pokorny on Facebook
VP - Bus. Development
Matt Jacobs
  Matt Jacobs LinkedIn Profile  Matt Jacobs Twitter Account  Matt Jacobs News  Matt Jacobs on Facebook
VP - Engineering
Andreas Junge
  Andreas Junge LinkedIn Profile  Andreas Junge Twitter Account  Andreas Junge News  Andreas Junge on Facebook

 

 

Browse more venture capital transactions:

Prev: 3/29/2007: AutoGenomics venture capital transaction
Next: 3/29/2007: Streamcore System venture capital transaction

 

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