VeloCloud Networks Garners $27,000,000 Series C Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=19a04f89-a448-4a54-8793-8e13ce822774 - Date
1/14/2016 - Company Name
VeloCloud Networks - Mailing Address
295 N. Bernardo Ave. Mountain View, CA 94043 USA - Company Description
VeloCloud believes in the power of Cloud based Networking. We are working to transform the entire equation of connectivity. By making the internet work harder. By applying Cloud-based approaches to processes that haven’t changed in decades. By upending the economics of traditional WAN. - Website
http://www.velocloud.com - Transaction Type
Venture Equity - Transaction Amount
$27,000,000 - Transaction Round
Series C - Proceeds Purposes
The funding will be used to expand business operations as the company accelerates new product development and customer rollouts, and ramps up sales and marketing in expanded theaters to meet growing global demand. - M&A Terms
- Venture Investor
March Capital Partners - Venture Investor
New Enterprise Associates - Venture Investor
Venrock
