Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=473e34bb-a8e1-4301-8788-eaa18d04fcc8
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.
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.