Weaveworks Obtains $15,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d669e4e-4213-4877-a8bc-8f67fb0644cb
Date
5/11/2016
Company Name
Weaveworks
Mailing Address
350 Rhode Island St. San Francisco, CA 94103 USA
Company Description
Weave creates a virtual network that connects Docker containers deployed across multiple hosts. Applications use the network just as if the containers were all plugged into the same network switch, with no need to configure port mappings, links, etc.
Website
http://www.weave.works
Transaction Type
Venture Equity
Transaction Amount
$15,000,000
Transaction Round
Series B
Proceeds Purposes
Weaveworks will use the investment to meet the rapidly increasing demand for tools to deploy, monitor and manage cloud-native container environments, furthering innovation in product development and sales and marketing.
M&A Terms
Venture Investor
GV
Venture Investor
Accel Partners