Incipient Inc. Receives $20,000,000 Series C Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3d1d5f21-68c1-4200-a11b-fed23fc65eae&Preview=1 -
Date
1/25/2005 -
Company Name
Incipient Inc. -
Mailing Address
404 Wyman Street Waltham, MA 02451 -
Company Description
Incipient, Inc. was founded on the vision of providing a scalable, network resident software platform that offers storage services to reduce cost and simplify operational complexity in enterprise storage environments. -
Website
http://www.incipient.com -
Transaction Type
Venture Equity -
Transaction Amount
$20,000,000 -
Transaction Round
Series C -
Proceeds Purposes
Will use the money to deliver its product to customers. Since Incipient’s software is designed to work with intelligent storage switches, those customers include storage switchmakers and their allies — period. -
M&A Terms
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Venture Investor
Grand Banks Capital -
Venture Investor
Globespan Capital Partners -
Venture Investor
Sigma Partners
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