OpTier Receives $62,500,000 Series D Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd4b4e4d-1b3e-441f-bd30-50dd81580d77&Preview=1 -
Date
9/23/2008 -
Company Name
OpTier -
Mailing Address
130 West 42nd Street New York, NY 10036 -
Company Description
OpTier develops software that dynamically assures IT business service levels and optimizes resources for the enterprise. The leader in Transaction Workload Management, OpTier introduces a transactional context for IT service management. -
Website
http://www.optier.com -
Transaction Type
Debt, Venture Equity -
Transaction Amount
$62,500,000 -
Transaction Round
Series D -
Proceeds Purposes
OpTier’s management team will use the funding to aggressively pursue plans to enhance and broaden the company’s offerings in the BTM market via acquisition and organic development, fueling sales and marketing and expanding industry partnerships. -
M&A Terms
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Venture Investor
Index Ventures -
Venture Investor
Morgan Stanley Venture Partners -
Venture Investor
Pitango Venture Capital -
Venture Investor
Carmel Ventures -
Venture Investor
Lightspeed Venture Partners -
Venture Investor
Gemini Israel Funds -
Venture Investor
Cisco Systems, Inc. -
Venture Investor
Pivotal Investments
