Moogsoft Obtains $7,000,000 Series A Financing

  • Feed Type
  • Date
    5/31/2013
  • Company Name
    Moogsoft
  • Mailing Address
    Undisclosed New York, NY 10278
  • Company Description
    Moogsoft was founded by Phil Tee and Mike Silvey, two passionate Service Assurance pioneers, to reduce the cost and effort involved in managing incidents and problems in modern service delivery infrastructures.
  • Website
    http://www.moogsoft.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Moogsoft will use the investment from Redpoint Ventures to exploit its proven technology innovations at a time when businesses are struggling to cost effectively manage their IT infrastructures as they move to joint vendor supply arrangements underpinned by hybrid cloud and SDN.
  • M&A Terms
  • Venture Investor
    Redpoint Ventures
  • Venture Investor
    Undisclosed

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