Tech Company Financing Transactions

ScaleBase Funding Round

ScaleBase, operating out of Newton, secured $10.5 million in funding from Ascent Venture Partners, Bain Capital Ventures and Cedar Fund.

Transaction Overview

Company Name
Announced On
10/18/2012
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Series B
Investors

Ascent Venture Partners (Lead Investor) (Geoff Oblak)

Bain Capital Ventures (Lead Investor) (Benjamin Nye)

Cedar Fund (Motti Vaknin)

Proceeds Purpose
The new funding will fuel product innovation, research and development, and sales and marketing expansion.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
85 Wells Ave. 300
Newton, MA 02459
USA
Email Address
Overview
ScaleBase enables next generation applications -- and the massive transactional processing requirements of big data, without requiring changes to the existing infrastructure. The ScaleBase Data Traffic Manager dynamically manages and scales databases to meet changing business demands.
Profile
ScaleBase LinkedIn Company Profile
Social Media
ScaleBase Company Twitter Account
Company News
ScaleBase News
Facebook
ScaleBase on Facebook
YouTube
ScaleBase on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ram Metser
  Ram Metser LinkedIn Profile  Ram Metser Twitter Account  Ram Metser News  Ram Metser on Facebook
Chief Technical Officer
Doron Levari
  Doron Levari LinkedIn Profile  Doron Levari Twitter Account  Doron Levari News  Doron Levari on Facebook
VP - Finance
Michael Castricone
  Michael Castricone LinkedIn Profile  Michael Castricone Twitter Account  Michael Castricone News  Michael Castricone on Facebook
VP - Marketing
Paul Campaniello
  Paul Campaniello LinkedIn Profile  Paul Campaniello Twitter Account  Paul Campaniello News  Paul Campaniello on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/18/2012: Talari Networks venture capital transaction
Next: 10/19/2012: 7digital venture capital transaction

 

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About Database of VC Transactions

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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