Tech Company Financing Transactions

Qumu Funding Round

On 7/29/2003, Qumu secured $1.3 million in Series A financing from The Angels' Forum, The Halo Funds and Garage Technology Ventures.

Transaction Overview

Company Name
Announced On
7/29/2003
Transaction Type
Venture Equity
Amount
$1,300,000
Round
Series A
Investors

The Angels' Forum (Lead Investor) (Kimberlie Cerrone)

The Halo Funds (Lead Investor) (Kimberlie Cerrone)

Garage Technology Ventures (Guy Kawasaki)

Proceeds Purpose
MPI will use the capital to accelerate growth through sales and marketing initiatives, broader strategic partnerships, and continued research and development. This round of funding follows the company's successful spin off from Inktomi Corp. and Yahoo! Inc. in January 2003.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
1100 Grundy Lane 300
San Bruno, CA 94066
USA
Email Address
Overview
Qumu's software solution enables organizations to easily capture, manage, publish and distribute live and on-demand video content while leveraging existing IT infrastructure.
Profile
Qumu LinkedIn Company Profile
Social Media
Qumu Company Twitter Account
Company News
Qumu News
Facebook
Qumu on Facebook
YouTube
Qumu on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ray Hood
  Ray Hood LinkedIn Profile  Ray Hood Twitter Account  Ray Hood News  Ray Hood on Facebook
Chief Financial Officer
Rob Stubblefield
  Rob Stubblefield LinkedIn Profile  Rob Stubblefield Twitter Account  Rob Stubblefield News  Rob Stubblefield on Facebook
Chief Technical Officer
David Bukhan
  David Bukhan LinkedIn Profile  David Bukhan Twitter Account  David Bukhan News  David Bukhan on Facebook
VP - Bus. Development
Jacco Kooij
  Jacco Kooij LinkedIn Profile  Jacco Kooij Twitter Account  Jacco Kooij News  Jacco Kooij on Facebook
VP - Marketing
Todd Porter
  Todd Porter LinkedIn Profile  Todd Porter Twitter Account  Todd Porter News  Todd Porter on Facebook
VP - Sales
Michael Ping
  Michael Ping LinkedIn Profile  Michael Ping Twitter Account  Michael Ping News  Michael Ping on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/28/2003: Evident Software venture capital transaction
Next: 8/4/2003: ActivBiotics venture capital transaction

 

Share this article

 


News on VC Transactions

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.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary