Tech Company Financing Transactions

PernixData Funding Round

PernixData closed a $35 million Series C funding round on 8/20/2014. Investors included Menlo Ventures, private investors and Kleiner Perkins Caufield & Byers.

Transaction Overview

Company Name
Announced On
8/20/2014
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series C
Investors

Menlo Ventures (Lead Investor) (Mark Siegel)

private investors (James Davidson)

private investors (John Thompson)

private investors (Lane Bess)

private investors (Marc Benioff)

private investors (Mark Leslie)

private investors (Steven Luczo)

Kleiner Perkins Caufield & Byers (Matthew Murphy)

Lightspeed Venture Partners (Bipul Sinha)

Proceeds Purpose
This underscores the enormous demand for our unique decoupled storage architecture. We will use this revenue momentum and the new round of funding to execute on our next phase of product vision and deliver FVP globally to all virtualized data centers.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
1731 North 1st Street 200
San Jose, CA 95112
USA
Email Address
Overview
PernixData is passionate about building a world-class team and culture essential to becoming the next big software company. Solving challenging problems and building great products that make a difference to our customers is our mission.
Profile
PernixData LinkedIn Company Profile
Social Media
PernixData Company Twitter Account
Company News
PernixData News
Facebook
PernixData on Facebook
YouTube
PernixData on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Poojan Kumar
  Poojan Kumar LinkedIn Profile  Poojan Kumar Twitter Account  Poojan Kumar News  Poojan Kumar on Facebook
Chief Technical Officer
Satyam Vaghani
  Satyam Vaghani LinkedIn Profile  Satyam Vaghani Twitter Account  Satyam Vaghani News  Satyam Vaghani on Facebook
VP - Finance
Jason Lloyd
  Jason Lloyd LinkedIn Profile  Jason Lloyd Twitter Account  Jason Lloyd News  Jason Lloyd on Facebook
VP - Marketing
Jeff Aaron
  Jeff Aaron LinkedIn Profile  Jeff Aaron Twitter Account  Jeff Aaron News  Jeff Aaron on Facebook
VP - Product Management
Bala Narasimhan
  Bala Narasimhan LinkedIn Profile  Bala Narasimhan Twitter Account  Bala Narasimhan News  Bala Narasimhan on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/20/2014: IQMS venture capital transaction
Next: 8/21/2014: Matter and Form venture capital transaction

 

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About Our VC Transactions Data

Our team works diligently to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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