PowerCloud Systems Obtains $6,000,000 Series B Funding

  • Feed Type
  • 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
  • Venture Investor
    Qualcomm
  • Venture Investor
    Walden Venture Capital
  • Venture Investor
    Javelin Venture Partners