Tech Company Financing Transactions

ExaGrid Systems Funding Round

ExaGrid Systems closed a $20 million funding round on 11/8/2007. Backers included Lehman Brothers Venture Partners, Highland Capital Partners and Sigma Prime Ventures.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity

Lehman Brothers Venture Partners (Lead Investor) (Brian Paul)

Highland Capital Partners (Peter Bell)

Sigma Prime Ventures (Robert Davoli)

Proceeds Purpose
The round supports ExaGrid's expansion of sales and marketing activities in North America, Europe and Asia, and is expected to fund ExaGrid to cash positive status.

Company Information

Company Status
Private & Independent
Mailing Address
350 Campus Dr.
Marlborough, MA 01752
Email Address
ExaGrid solves the problems of data backup storage for IT professionals with a unique architectural approach that delivers stress free backup storage.
ExaGrid Systems LinkedIn Company Profile
Social Media
ExaGrid Systems Company Twitter Account
Company News
ExaGrid Systems News
ExaGrid Systems on Facebook
ExaGrid Systems on YouTube

Management Team

Email & Social
Chief Executive Officer
William Andrews
  William Andrews LinkedIn Profile  William Andrews Twitter Account  William Andrews News  William Andrews on Facebook
Chief Technical Officer
David Therrien
  David Therrien LinkedIn Profile  David Therrien Twitter Account  David Therrien News  David Therrien on Facebook
VP - Customer Service
Sam Moukalled
  Sam Moukalled LinkedIn Profile  Sam Moukalled Twitter Account  Sam Moukalled News  Sam Moukalled on Facebook
VP - Engineering
Yee-ching Chao
  Yee-ching Chao LinkedIn Profile  Yee-ching Chao Twitter Account  Yee-ching Chao News  Yee-ching Chao on Facebook
VP - Engineering
Adrian VanderSpek
  Adrian VanderSpek LinkedIn Profile  Adrian VanderSpek Twitter Account  Adrian VanderSpek News  Adrian VanderSpek on Facebook
VP - Finance
Jackson Burritt
  Jackson Burritt LinkedIn Profile  Jackson Burritt Twitter Account  Jackson Burritt News  Jackson Burritt on Facebook
VP - Human Resources
Craig Claflin
  Craig Claflin LinkedIn Profile  Craig Claflin Twitter Account  Craig Claflin News  Craig Claflin on Facebook
VP - Manufacturing
Guy DeFalco
  Guy DeFalco LinkedIn Profile  Guy DeFalco Twitter Account  Guy DeFalco News  Guy DeFalco on Facebook
VP - Sales
Nick Ganio
  Nick Ganio LinkedIn Profile  Nick Ganio Twitter Account  Nick Ganio News  Nick Ganio on Facebook
VP - Sales
Andrew Walsky
  Andrew Walsky LinkedIn Profile  Andrew Walsky Twitter Account  Andrew Walsky News  Andrew Walsky on Facebook



Browse more venture capital transactions:

Prev: 11/8/2007: AnaptysBio venture capital transaction
Next: 11/9/2007: CoreTrace venture capital transaction


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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with, an affiliated venture.


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