Concurrent Obtains $10,000,000 Series B Round

  • Feed Type
  • Date
    6/2/2014
  • Company Name
    Concurrent
  • Mailing Address
    1087 Mission St. 3rd Floor San Francisco, CA 94103 USA
  • Company Description
    The company was founded in May, 2008 by Chris K Wensel, the author of the Cascading open source project, whose experience includes deploying large and sophisticated data processing applications for use by companies providing behavioral targeting, geo-spatial, web content, and financial data services in both traditional enterprise data centers and on Amazon EC2.
  • Website
    http://www.concurrentinc.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Concurrent will use the financing to drive research and development of its flagship product Driven, the industry’s first application performance management product for data-centric applications, and Cascading, the most widely used application development framework for building data-oriented applications. Concurrent will also scale its operations to meet growing customer demand.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor

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