Xconomy Boston

Red Bend Software Lands $3,600,000 Series C Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eaae8828-9782-4d3a-abc8-511fa0b666bb&Preview=1
Date
12/9/2003
Company Name
Red Bend Software
Mailing Address
400-1 Totten Pond Road Waltham, MA 02451
Company Description
Red Bend Software drives the development, deployment and updating of the world’s most efficient software delivery solutions.
Website
http://www.redbend.com
Transaction Type
Venture Equity
Transaction Amount
$3,600,000
Transaction Round
Series C
Proceeds Purposes
The funds will be used to address the growing demand for Red Bend’s Over-The-Air (OTA) updating solutions as well as accelerate its sales and marketing initiatives in the mobile marketplace.
M&A Terms
Venture Investor
Pitango Venture Capital
Venture Investor
Infinity Venture Capital Fund
Venture Investor
Carmel Ventures