TVC Capital Backs BitTitan

San Diego-based growth and private equity investor TVC Capital is the lead backer of cloud services company BitTitan, which announced a $15M, Series A financing this morning. According to BitTitan, the funding was led by TVC Capital, and also included Tao Capital Partners, and was the company's first funding since it was foundedi n 2007. Steve Hamerslag of TVC Capital will join BitTitan's board as part of the funding. BitTitan is based in Kirkland, Washington. TVC said BitTitan is the company's largest, Series A funding to date. BitTitan's flagship product is MSPComplete, which is used by managed service providers to sell and service cloud services. More information »