Tech Company Financing Transactions
Penguin Computing Funding Round
Convergence Partners, Sunrise Capital and Weber Capital Management participated in a $10 million funding round for Penguin Computing. The round was recorded on 11/4/2004.
Transaction Overview
Company Name
Announced On
11/4/2004
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The capital will be used to enhance the capabilities of its Scyld Beowulf cluster software and its highly reliable Linux systems; to grow its salesforce and professional services organization to meet rapidly increasing customer demand; and to drive aggressive marketing efforts to expand its customer base in the technical and scientific computing, high performance and high availability markets.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
45800 Northport Loop West
Fremont, CA 94538
USA
Fremont, CA 94538
USA
Phone
Website
Email Address
Overview
Penguin Computing is the leading innovator of highly scalable Linux cluster, server and workstation platforms based on open standards hardware and software.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tom Coull
Chief Financial Officer
Lisa Cummins
Chief Technical Officer
Phillip Pokorny
VP - Bus. Development
Matt Jacobs
VP - Engineering
Andreas Junge
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Prev: 11/4/2004: Wright Medical venture capital transaction
Next: 11/5/2004: Ascenta Therapeutics venture capital transaction
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