# 128 Technology funding: rounds and investors

> 128 Technology has raised $63M across 3 rounds since 2014. Investors include G20 Ventures, G20 and The Perkins Fund. Every round with its source.

Source: https://millionrounds.com/company/128-technology (Millionrounds; every figure on the page links to its filing or article)

United States · [Series D startup](https://millionrounds.com/companies)

# Who invested in *128 Technology*

3 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

IT Services Internet

Funding summary Updated 26 Oct 2026

**$63M** raised across 3 rounds since 2014, from 3 sources

**$12M** Venture **$22M** Series C **$30M** Series D

- **Latest round:** Series D, $30M Sept 2019
- **Step-up i:** 1.4×
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2016 2017 2018 2019

**$12M** Venture

**$22M** Series C

**$30M** Series D

- **First round:** Venture, $12M
- **Biggest round:** $30M
- **Usual gap between rounds:** 2.4 years

## The rounds

- **Sept 2019** Series D **$30M** *2 new* [G20 Ventures](https://millionrounds.com/fund/g20-ventures) [The Perkins Fund](https://millionrounds.com/fund/the-perkins-fund) Reported by FinSMEs SEC filing: $30M sold, first sale May 2019
- **May 2017** Series C **$22M** *1 new* [G20](https://millionrounds.com/fund/g20) Reported by FinSMEs SEC filing: $21M sold, first sale May 2017
- **Dec 2014** Venture **$12M** No investor was named in the report. From a historical funding record SEC filing: $12M sold, first sale Dec 2014

## Founders and team

From the SEC filings it signed: 3 on the team.

- **Andrew D. Ory** Mr. Ory is the President and Chief Executive Officer of the Issuer. i
- **Patrick J. MeLampy** Mr. MeLampy is the Chief Operating Officer of the Issuer. i
- **Julio J. Vega** Mr. Vega is the Secretary of the Issuer. i

On the board, as filed i *Robert C. Hower* *Sonja C. Perkins*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2014 **Series C** 2017 **Series D** 2019 [G20 Ventures](https://millionrounds.com/fund/g20-ventures) [G20](https://millionrounds.com/fund/g20) [The Perkins Fund](https://millionrounds.com/fund/the-perkins-fund)

## Everyone who backed them

[G20 Ventures](https://millionrounds.com/fund/g20-ventures) VC firm **1** round

[G20](https://millionrounds.com/fund/g20) Growth equity **1** round

[The Perkins Fund](https://millionrounds.com/fund/the-perkins-fund) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=128-technology).

## Quick answers about 128 Technology

### Who invested in 128 Technology?

128 Technology's investors include G20 Ventures, G20 and The Perkins Fund.

### How much has 128 Technology raised?

128 Technology has raised $63M across 3 rounds since 2014.

### When did 128 Technology last raise?

128 Technology's most recent round was a Series D of $30M in Sept 2019.

### What was 128 Technology's biggest round?

Its most recent round, $30M in Sept 2019, is also its largest on record.

### Who backed 128 Technology first?

128 Technology's first round on record, in May 2017, was backed by G20.

### What stage is 128 Technology at?

128 Technology's latest named round is a Series D, in Sept 2019.

### Where is 128 Technology based?

128 Technology is based in the United States.

## Companies like 128 Technology

In the same sector, and raised in the last eighteen months.

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