Pivotal Secures $253,000,000 Series C Financing Round

  • Feed Type
  • Date
    5/5/2016
  • Company Name
    Pivotal
  • Mailing Address
    3495 Deer Creek Road Palo Alto, CA 94304 USA
  • Company Description
    Pivotal, the company at the intersection of big data, PaaS, and agile development, helps companies transform into great software companies.
  • Website
    http://www.pivotal.io
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $253,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    With this cash, Pivotal could expand its product development, hire engineers and developers and move into foreign markets. Cook was pretty closed-mouthed about details, saying that it was likely the company would expand beyond the 2000 employees it currently has, but just how many that would involve in the coming year or so and how it would be distributed among various departments and offices, he wasn’t willing to say.
  • M&A Terms
  • Venture Investor
    Ford Motor Co.
  • Venture Investor
    Microsoft Ventures
  • Venture Investor
    EMC Ventures
  • Venture Investor
    VMWare
  • Venture Investor
    GE Ventures