Gravitant Raises $25M in Series B Funding
Summary
Gravitant, an Austin, Texas-based enterprise cloud brokerage and management software company, raised $25m in Series B funding.In conjunction with the funding, Lisa Harris of Cielo Private Equity joined Gravitant’s board of directors.The company intends to use the funds to expand its sales and marketing efforts and extend the capabilities of its platform to target new customer segments.Led by Mohammed Farooq, co-founder and CEO, Gravitant provides cloud brokerage and management software, delivered in a SaaS model.Its cloudMatrix allows users to plan, buy, manage and broker cloud services.
Funding
Amount
$25.0M
Total raised
Date
November 4, 2014
Announcement date
Investors
S3 Ventures
Lead investors
Company
http://www.gravitant.com
Funded company
Classifications
industries
No industries detected
applications
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AskAI Classifications
Labels
Software Development
Artificial Intelligence
SaaS
Linked Companies
Gravitant
$1M to $5M