Tech Company Financing Transactions

HyperGrid Funding Round

HyperGrid closed a $25 million Series C investment round on 9/13/2018. Investors included Atlantic Bridge Ventures, HighBAR Partners and Acero Capital.

Transaction Overview

Company Name
Announced On
9/13/2018
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series C
Investors

Atlantic Bridge Ventures (Lead Investor) (Kevin Dillon)

HighBAR Partners (Lead Investor) (John Kim)

Acero Capital (Rami Elkhatib)

Proceeds Purpose
The new round will be used to drive product development, expand the global reach for its flagship cloud management solution, HyperCloudTM and support the Company's growing base of enterprise and managed service provider customers.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
5150 El Camino Real E30
Los Altos, CA 94022
USA
Email Address
Overview
HyperGrid is the Enterprise Cloud-as-a-Service leader that simplifies IT for the enterprise by providing consumption based, full stack cloud services on premises. HyperGrid's offering, HyperCloud, uniquely addresses enterprise IT needs by combining IaaS, PaaS, and applications services on premises with security and governance for application management.
Profile
HyperGrid LinkedIn Company Profile
Social Media
HyperGrid Company Twitter Account
Company News
HyperGrid News
Facebook
HyperGrid on Facebook
YouTube
HyperGrid on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Manoj Nair
  Manoj Nair LinkedIn Profile  Manoj Nair Twitter Account  Manoj Nair News  Manoj Nair on Facebook
Chief Financial Officer
Robert Taccini
  Robert Taccini LinkedIn Profile  Robert Taccini Twitter Account  Robert Taccini News  Robert Taccini on Facebook
Vice President
Said Syed
  Said Syed LinkedIn Profile  Said Syed Twitter Account  Said Syed News  Said Syed on Facebook
VP - Marketing
Peter Lunk
  Peter Lunk LinkedIn Profile  Peter Lunk Twitter Account  Peter Lunk News  Peter Lunk on Facebook
VP - Product Management
Michael Tan
  Michael Tan LinkedIn Profile  Michael Tan Twitter Account  Michael Tan News  Michael Tan on Facebook
VP - Sales
David Weier
  David Weier LinkedIn Profile  David Weier Twitter Account  David Weier News  David Weier on Facebook


 

 

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We do our best to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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