Moogsoft Obtains $7,000,000 Series A Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f063b05d-6ec1-48da-a220-4c086803db19&Preview=1 - Date
5/31/2013 - Company Name
Moogsoft - Mailing Address
Undisclosed New York, NY 10278 - Company Description
Moogsoft was founded by Phil Tee and Mike Silvey, two passionate Service Assurance pioneers, to reduce the cost and effort involved in managing incidents and problems in modern service delivery infrastructures. - Website
http://www.moogsoft.com - Transaction Type
Venture Equity - Transaction Amount
$7,000,000 - Transaction Round
Series A - Proceeds Purposes
Moogsoft will use the investment from Redpoint Ventures to exploit its proven technology innovations at a time when businesses are struggling to cost effectively manage their IT infrastructures as they move to joint vendor supply arrangements underpinned by hybrid cloud and SDN. - M&A Terms
- Venture Investor
Redpoint Ventures - Venture Investor
Undisclosed
