GridGain Systems Receives $15,000,000 Series B Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5b9d2d8a-efbd-4c13-834c-3c7a08d4388c
Date
2/18/2016
Company Name
GridGain Systems
Mailing Address
1065 East Hillside Blvd. Foster City, CA 94404 USA
Company Description
GridGain develops software for companies who see real time big data as a strategic asset and who need live data business analytics and processing.
Website
http://www.gridgain.com
Transaction Type
Venture Equity
Transaction Amount
$15,000,000
Transaction Round
Series B
Proceeds Purposes
The funding round will be used to expand sales, marketing and R&D, and to fuel GridGain’s continued international growth.
M&A Terms
Venture Investor
Sberbank
Venture Investor
Moneytime Ventures
Venture Investor
Almaz Capital Partners
Venture Investor
RTP Ventures