Tech Company Financing Transactions
Tier 3 Funding Round
On 9/27/2012, Tier 3 raised $10 million in Series B funding from Intel Capital, Ignition Partners and Madrona Venture Group.
Transaction Overview
Company Name
Announced On
9/27/2012
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Intel Capital (Lead Investor)
Ignition Partners (John Connors)
Madrona Venture Group (Matthew McIlwain)
Proceeds Purpose
This latest round of funding will allow Tier 3 to work with large global partners, such as the newly announced relationship with PEER 1 Hosting, extending its reach internationally, while continuing to build upon its core value proposition of IT operational agility and efficiency through comprehensive cloud services enhanced by orchestration, automation and advanced management capabilities.
Company Information
Company Status
Acquired or Merged
Industry
Infrastructure
Mailing Address
1100 112th Ave. NE 400
Bellevue, WA 98004
USA
Bellevue, WA 98004
USA
Phone
Website
Email Address
Overview
Tier 3 offers enterprise-level managed services for businesses of all types and sizes around the world. With our best-in-class architecture and platform, Tier 3 serves as an extension of its customers' IT departments, enabling them to focus on their core business while extending their network to our facilities.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Technical Officer
Matthew Schiltz
Chief Technical Officer
Jared Wray
VP - Bus. Development
Ken Cavallon
VP - Engineering
James Newkirk
VP - Operations
Gavin McMurdo
Browse more venture capital transactions:
Prev: 9/27/2012: Venafi venture capital transaction
Next: 9/27/2012: TraceLink venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs