- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d34c469-f5f5-4c46-9924-c548d4cd5939&Preview=1 - Date
6/22/2011 - Company Name
ScaleXtreme - Mailing Address
540 University Avenue Palo Alto, CA 94301 - Company Description
Built from the ground up to be simple, scalable, and social, ScaleXtreme’s product aims to transform the way IT admins manage their Amazon EC2, VMware virtual machine and physical server deployments. ScaleXtreme was founded by a team with deep expertise in enterprise software and systems management, including Bladelogic and VMware, and is backed by Accel Partners. - Website
http://www.scalextreme.com - Transaction Type
Venture Equity - Transaction Amount
$11,000,000 - Transaction Round
Series B - Proceeds Purposes
The new financing will be used to accelerate the rollout of additional product capabilities, and expand marketing and sales for ScaleXtreme’s innovative new way of managing hybrid clouds. - M&A Terms
- Venture Investor
Ignition Partners - Venture Investor
Accel Partners