Board of Directors and Investors
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Charles Kane: chief financial officer, One Laptop Per Child (OLPC)
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Rick Kimball: founding general partner, Technology Crossover Ventures
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In October 2000, Egenera secured $20 million in first-round venture funding from blue-chip investors including Kodiak Venture Partners, Spectrum Equity Investors, Goldman Sachs, CSFB Private Equity, and YankeeTek Ventures.
A $30 million second round was raised in July 2001, at which time Austin Ventures joined the Egenera investor group.
In June 2002, the Company raised $44 million in third-round financing with Crosslink Capital, Lehman Brothers Venture Capital, UBS Capital and Mizuho Bank joining the Egenera syndicate.
The Company's fourth round of venture funding, in the amount of $30 million, was secured in December 2003. New investor Technology Crossover Ventures (TCV) led the round, with strong support also received from previous investors.
In August 2006, Egenera closed a fifth round of venture funding totaling $26 million. New investors Pharos Capital Group, LLC and strategic partner Fujitsu Siemens Computers led the round at a significantly increased valuation over Egenera's previous financing round. The company's core major investors also participated.
The Company's sixth round, in the amount of $26 million, was closed in December 2007. This round, which was at an increased valuation over the prior round, was led by new investor American Capital with additional participation from Fujitsu Siemens Computers and Pharos Capital Group LLC.
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