Yottaa Garners $16,000,000 New Round

  • Feed Type
  • Date
    7/10/2013
  • Company Name
    Yottaa
  • Mailing Address
    160 Federal St Boston, MA 02110
  • Company Description
    Founded in April 2009, Yottaa Inc is a Boston and Beijing based cloud computing company. Driven by the pursuit for a better Internet, Yottaa aspires to empower a new generation of interactive experience by innovating at the forefront of cloud computing.
  • Website
    http://www.yottaa.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Yottaa will use the capital to accelerate investment in its hybrid cloud network, build its sales and marketing operations, and grow its engineering team in its Boston and Beijing headquarters.
  • M&A Terms
  • Venture Investor
    Intel Capital
  • Venture Investor
    General Catalyst Partners
  • Venture Investor
    Stata Venture Partners