Tech Company Financing Transactions
WhipTail Funding Round
WhipTail secured a $31 million Series C venture capital round on 12/13/2012. Backers included Ignition Partners, RRE Ventures and SanDisk Ventures.
Transaction Overview
Company Name
Announced On
12/13/2012
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$31,000,000
Round
Series C
Investors
Ignition Partners (Richard Fade)
Spring Mountain Capital (Avi Faliks)
Proceeds Purpose
The investment will fund growth in WHIPTAIL's engineering team and accelerate global expansion. In addition, the company announced a new chief financial officer to lead WHIPTAIL's fiscal policy into 2013 and beyond.
Company Information
Company Status
Acquired or Merged
Industry
Storage
Mailing Address
9 Whippany Rd Building 2 6&7
Whippany, NJ 07981
USA
Whippany, NJ 07981
USA
Phone
Website
Email Address
Overview
WhipTail is an independent manufacturer of solid-state storage arrays designed to drastically improve the scalability and performance of applications such as virtualization, databases, financial trading and email.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Crain
Chief Financial Officer
Cathy Chandler
Chief Financial Officer
Cameron Pforr
Chief Technical Officer
James Candelaria
General Manager
Andy Flesch
VP - Customer Service
Joe Cutuli
VP - Engineering
Russ Dauer
VP - Product Management
Maxwell Riggsbee
Browse more venture capital transactions:
Prev: 12/13/2012: CloudVelox venture capital transaction
Next: 12/13/2012: Plizy venture capital transaction
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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