Tech Company Financing Transactions

Sepaton Funding Round

Sepaton, based in Santa Clara, raised $22 million in funding from HarbourVest Partners, JVP and Menlo Ventures.

Transaction Overview

Company Name
Announced On
4/16/2007
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series E
Investors

HarbourVest Partners (Lead Investor) (Ofer Nemirofsky)

JVP (Adam Fisher)

Menlo Ventures (Pravin Vazirani)

Valhalla Partners (Hooks Johnston)

Proceeds Purpose
The financing will be used to further expand SEPATON's sales and service teams on a worldwide basis. In a separate release, the company today announced the opening of its first international office located in Beijing, China and disclosed plans to open a London, England office this quarter. The financing will also be used to accelerate the marketing of its award-winning family of advanced data protection solutions including the S2100® virtual tape libraries, DeltaStor� data de-duplication software, and Site2� remote replication software. The company will continue expanding its global customer base, spanning such vertical markets as consulting, financial services, government, healthcare, manufacturing, retail, and utilities.

Company Information

Company Status
Private & Independent
Industry
Storage
Mailing Address
2845 Lafayette St.
Santa Clara, CA 95050
USA
Email Address
Not Recorded
Overview
SEPATON is enabling companies of any size to comply with demanding data storage and retrieval requirements by changing the rules of data protection. We provide innovative backup/restore solutions that are cost-effective, intelligent and reliable.
Profile
Sepaton LinkedIn Company Profile
Social Media
Sepaton Company Twitter Account
Company News
Sepaton News
Facebook
Sepaton on Facebook
YouTube
Sepaton on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ryuichi Otsuki
  Ryuichi Otsuki LinkedIn Profile  Ryuichi Otsuki Twitter Account  Ryuichi Otsuki News  Ryuichi Otsuki on Facebook
Chief Financial Officer
Lori Varlas
  Lori Varlas LinkedIn Profile  Lori Varlas Twitter Account  Lori Varlas News  Lori Varlas on Facebook
Chief Information Officer
Rene´e McKaskle
  Rene´e McKaskle LinkedIn Profile  Rene´e McKaskle Twitter Account  Rene´e McKaskle News  Rene´e McKaskle on Facebook
Chief Marketing Officer
Asim Zaheer
  Asim Zaheer LinkedIn Profile  Asim Zaheer Twitter Account  Asim Zaheer News  Asim Zaheer on Facebook
Chief Operating Officer
Munehiro Hashimoto
  Munehiro Hashimoto LinkedIn Profile  Munehiro Hashimoto Twitter Account  Munehiro Hashimoto News  Munehiro Hashimoto on Facebook
Chief Technical Officer
John Mansfield
  John Mansfield LinkedIn Profile  John Mansfield Twitter Account  John Mansfield News  John Mansfield on Facebook
VP - General Counsel
Chris Leslie
  Chris Leslie LinkedIn Profile  Chris Leslie Twitter Account  Chris Leslie News  Chris Leslie on Facebook
VP - Human Resources
Scott Kelly
  Scott Kelly LinkedIn Profile  Scott Kelly Twitter Account  Scott Kelly News  Scott Kelly on Facebook
VP - Sales
Michael Cremen
  Michael Cremen LinkedIn Profile  Michael Cremen Twitter Account  Michael Cremen News  Michael Cremen on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/16/2007: SecureInfo venture capital transaction
Next: 4/17/2007: Avega Systems venture capital transaction

 

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We do our best to report on tech company VC transactions. VC investment data records 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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