Mimecast Obtains $62,150,000 Series C Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=502c59e9-ebad-4ac9-a796-f8c394754025&Preview=1 -
Date
9/27/2012 -
Company Name
Mimecast -
Mailing Address
203 Crescent Street Waltham, MA 02453 -
Company Description
Mimecast is a rapidly expanding Software as a Service (SAAS) company. We provide an online technology platform that radically improves the way companies manage their most important business communication and data. -
Website
http://www.mimecast.com -
Transaction Type
Venture Equity -
Transaction Amount
$62,150,000 -
Transaction Round
Series C -
Proceeds Purposes
Mimecast plans to use the funding to accelerate the development and deployment of new technology, and to support plans for rapid expansion in the U.S. market. -
M&A Terms
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Venture Investor
Insight Venture Partners -
Venture Investor
Dawn Capital
