Racktivity Secures $8,000,000 Series B Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fa7ffaf7-06d7-4619-aeb9-a38fba115772&Preview=1 -
Date
12/1/2010 -
Company Name
Racktivity -
Mailing Address
2100 Seaport Blvd. Redwood City, CA 94063 -
Company Description
Racktivity was founded in 2008 to fulfil the need for more efficient management and control of infrastructure within the Datacenter. The Racktivity team has substantial experience in datacenters and hosting and is focused on delivering automated control of critical infrastructure with improved reliability to help drive down management costs. -
Website
http://www.racktivity.com -
Transaction Type
Venture Equity -
Transaction Amount
$8,000,000 -
Transaction Round
Series B -
Proceeds Purposes
The funds will be used to accelerate Racktivity’s product, technology and market development initiatives. -
M&A Terms
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Venture Investor
Partech International -
Venture Investor
Big Bang Ventures
