Pivotal Secures $253,000,000 Series C Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=da605651-6419-446b-8b17-079493f7d74e - Date
5/5/2016 - Company Name
Pivotal - Mailing Address
3495 Deer Creek Road Palo Alto, CA 94304 USA - Company Description
Pivotal, the company at the intersection of big data, PaaS, and agile development, helps companies transform into great software companies. - Website
http://www.pivotal.io - Transaction Type
Venture Equity - Transaction Amount
$253,000,000 - Transaction Round
Series C - Proceeds Purposes
With this cash, Pivotal could expand its product development, hire engineers and developers and move into foreign markets. Cook was pretty closed-mouthed about details, saying that it was likely the company would expand beyond the 2000 employees it currently has, but just how many that would involve in the coming year or so and how it would be distributed among various departments and offices, he wasn’t willing to say. - M&A Terms
- Venture Investor
Ford Motor Co. - Venture Investor
Microsoft Ventures - Venture Investor
EMC Ventures - Venture Investor
VMWare - Venture Investor
GE Ventures
