Tech Company Financing Transactions
Solo.io Funding Round
On 10/8/2021, Solo.io landed $135 million in Series C funding from Altimeter Capital, Redpoint Ventures and True Ventures.
Transaction Overview
Company Name
Announced On
10/8/2021
Transaction Type
Venture Equity
Amount
$135,000,000
Round
Series C
Investors
Proceeds Purpose
The company will use the funding to recruit for sales, marketing, customer success, and engineering roles, expand its worldwide go-to-market efforts, invest in product development and professional services, and grow its services and support offerings.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
222 3rd St. 3300
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Undisclosed
Website
Email Address
Overview
Solo.io develops open source and enterprise software that helps enterprises adopt and operate innovative cloud native technologies like microservices, serverless and service mesh. Founded in 2017 in Cambridge, MA, Solo.io is backed by Redpoint Ventures and True Ventures.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Idit Levine
Chief Marketing Officer
Erik Frieberg
Chief Technical Officer
Yuval Kohavi
Chief Technical Officer
Christian Posta
VP - Engineering
Neeraj Poddar
VP - Product Management
Chris Gaun
VP - Sales
Barry Lieberman
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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