Red Foundry Receives $1,100,000 New Financing Round

  • Feed Type
  • Date
    11/4/2010
  • Company Name
    Red Foundry
  • Mailing Address
    Undisclosed Chicago, IL 60601
  • Company Description
    That’s why we started Red Foundry – to take our years of experience in building successful mobile apps and package it into technology that anyone can use to lower the cost, complexity and risk of building killer mobile apps.
  • Website
    http://www.redfoundry.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,100,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company says it will use the funding to expand its staff, customer base, and offerings while also working on launching its mobile app platform to the public.
  • M&A Terms
  • Venture Investor
    OCA Ventures
  • Venture Investor
    Illinois Innovation Accelerator Fund

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