Old Road Computing Secures $6,000,000 Series A Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d0746881-f4eb-4ed2-a177-3006db55bd89&Preview=1 -
Date
9/3/2008 -
Company Name
Old Road Computing -
Mailing Address
3 Lan Drive Westford, ME 01886 -
Company Description
Old Road Computing (stealth name) is an exciting new start-up in Westford, MA which will solve the growing problem of managing mobile devices on enterprise networks. Using technology only recently available on these platforms we will reduce the cost of managing loosely connected devices while simultaneously increasing their security and reliability. -
Website
http://www.oldroadcomputing.com -
Transaction Type
Venture Equity -
Transaction Amount
$6,000,000 -
Transaction Round
Series A -
Proceeds Purposes
Virtual Computer will deliver solutions that capitalize on virtualization technology to reduce the cost of managing corporate PCs while improving their reliability, security, and usability. -
M&A Terms
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Venture Investor
Highland Capital Partners -
Venture Investor
Flybridge Capital Partners (AKA IDG Ventures Boston)
