Banking & Finance  May 11, 2015

Boulder-based VictorOps raises $2.6 million in new funding

BOULDER – Local startup VictorOps Inc. has raised a new $2.6 million round of funding to keep building out its sales team as the company works toward raising a larger Series B round in the fall.

The Boulder-based company disclosed the funding in a filing with the Securities and Exchange Commission on Friday.

VictorOps co-founder and chief executive Todd Vernon said in a phone interview Monday that the funding round is in the form of convertible debt that will convert to equity once the Series B is raised. Vernon said all previous investors, which include Costanoa Venture Capital and Boulder-based Foundry Group,…

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