Xconomy Boston

Red Bend Software Obtains $10,000,000 Series D Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7cb48a14-b1a1-4d00-afa7-2fa4c17c6306&Preview=1
Date
2/1/2005
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
$10,000,000
Transaction Round
Series D
Proceeds Purposes
The new funding will be used to further expand the company?s marketing and sales initiatives to mobile phone manufacturers and carriers. Funds also will accelerate continued development of Red Bend?s FOTA update solutions.
M&A Terms
Venture Investor
Greylock Partners
Venture Investor
Infinity Venture Capital Fund
Venture Investor
Pitango Venture Capital
Venture Investor
Carmel Ventures
Venture Investor
Poalim Ventures