InMage Systems Garners $15,000,000 Series C Funding

  • Feed Type
  • Date
    9/24/2008
  • Company Name
    InMage Systems
  • Mailing Address
    3255-1 Scott Blvd Santa Clara, CA 95054
  • Company Description
    InMage was founded to improve upon previous business continuity measures that relied on decades-old approaches. Our mission is to ensure that business-critical data is always available, locally and/or at remote sites, in a cost-effective, scalable, non-disruptive and future-proof manner.
  • Website
    http://www.inmage.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    This investment will be used to expand InMage’s North American sales channels and accelerate worldwide expansion, with an emphasis in Europe, the Middle East and Africa (EMEA) and Asia-Pacific (APAC) regions. Funds will also be directed toward product development and engineering of DR-Scout, InMage’s flagship disaster recovery (DR) and business continuity software.
  • M&A Terms
  • Venture Investor
    Intel Capital
  • Venture Investor
    Hummer Winblad Venture Partners

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