GroundWork Open Source Obtains $5,000,000 Series D Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=90675431-a8c5-4296-b7ab-1653959d1dba&Preview=1 -
Date
10/13/2009 -
Company Name
GroundWork Open Source -
Mailing Address
139 Townsend Street San Francisco, CA 94107 -
Company Description
GroundWork Open Source is a recognized leader in the fast growth market for enterprise-class open source-based systems and network monitoring and management software, successfully bringing to market the first practical yet enterprise-ready open source solution for systems and network administrators. -
Website
http://www.groundworkopensource.com -
Transaction Type
Venture Equity -
Transaction Amount
$5,000,000 -
Transaction Round
Series D -
Proceeds Purposes
The investment will be used to help further execute on GWOS’ vision of delivering a disruptive solution that eliminates IT administration isolation, providing a unified platform based on open source, open standards and a thriving community as viable resources. -
M&A Terms
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Venture Investor
Canaan Partners -
Venture Investor
Mayfield Fund -
Venture Investor
Jafco Ventures America Inc -
Venture Investor
SAP Ventures
