Incipient Inc. Lands $15,600,000 Series E Funding

  • Feed Type
  • Date
    2/20/2008
  • Company Name
    Incipient Inc.
  • Mailing Address
    404 Wyman Street Waltham, MA 02451
  • Company Description
    Incipient, Inc. was founded on the vision of providing a scalable, network resident software platform that offers storage services to reduce cost and simplify operational complexity in enterprise storage environments.
  • Website
    http://www.incipient.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,600,000
  • Transaction Round
    Series E
  • Proceeds Purposes
    Incipient will use this new funding to expand global sales and marketing initiatives for its enterprise-class award winning storage virtualization and automated data migration software solutions now being used by leading financial services organizations to automate and virtualize their data center operations.
  • M&A Terms
  • Venture Investor
    Globespan Capital Partners
  • Venture Investor
    Grand Banks Capital
  • Venture Investor
    HLM Venture Partners
  • Venture Investor
    Greylock Partners
  • Venture Investor
    Questmark Partners
  • Venture Investor
    Sigma Partners
  • Venture Investor
    Undisclosed