Tech Company Financing Transactions
MTM Technologies Funding Round
MTM Technologies, based in Arlington Heights, raised $12.5 million from Consor Capital and FirstMark Capital.
Transaction Overview
Company Name
Announced On
12/8/2004
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series A
Investors
Consor Capital (Clifford Friedman)
FirstMark Capital (Gerald Poch)
Proceeds Purpose
The company expects to draw down $10 million of the new financing and to use those funds, together with approximately $6.5 million of proceeds from the Series A-3 Preferred Stock, to fund its acquisition of the assets of Vector ESP, Inc.
Company Information
Company Status
Publicly-held
Industry
Networking
Mailing Address
3550 Salt Creek Ln. 114
Arlington Heights, IL 60005
USA
Arlington Heights, IL 60005
USA
Phone
Website
Email Address
Overview
MTM Technologies, Inc. (Nasdaq: MTMC) is a leading computer and communications technology management company providing IT networking and data center services, including storage, security, messaging and VOIP solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Marcus Holloway
Chief Operating Officer
Lance Kirk
Chief Technical Officer
David Kirk
VP - Human Resources
Souzana Dandoura-Ketonis
VP - Operations
Jason Bernstein
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