Schooner Information Technology Receives $20,000,000 Series B Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=722dad15-deee-4003-82e9-9c9addc99dd4&Preview=1 -
Date
7/27/2009 -
Company Name
Schooner Information Technology -
Mailing Address
501 Macara Ave. Sunnyvale, CA 94085 -
Company Description
The company’s goal is to “help financial sector and Internet consumer-facing companies achieve high performance and scalability at a fraction of their current costs.” -
Website
http://www.schoonerinfotech.com -
Transaction Type
Venture Equity -
Transaction Amount
$20,000,000 -
Transaction Round
Series B -
Proceeds Purposes
The firm said the funding will go towards development of its technology and expansion of worldwide distribution. -
M&A Terms
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Venture Investor
Menlo Ventures -
Venture Investor
CMEA Ventures -
Venture Investor
Redpoint Ventures
