PowerCloud Systems Obtains $6,000,000 Series B Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1a8639da-75b9-4ae6-bb1f-41612763fccc&Preview=1 -
Date
12/14/2011 -
Company Name
PowerCloud Systems -
Mailing Address
3333 Coyote Hill Rd. Palo Alto, CA 94304 -
Company Description
PowerCloud Systems delivers cloud-based software that OEMs integrate with their business networking products. -
Website
http://www.powercloudsystems.com -
Transaction Type
Venture Equity -
Transaction Amount
$6,000,000 -
Transaction Round
Series B -
Proceeds Purposes
We have a backlog of opportunities, and we are now poised to accelerate our market leadership. -
M&A Terms
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Venture Investor
Qualcomm -
Venture Investor
Walden Venture Capital -
Venture Investor
Javelin Venture Partners
