Schooner Information Technology Receives $20,000,000 Series B Funding

  • Feed Type
  • 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
  • Venture Investor
    Menlo Ventures
  • Venture Investor
    CMEA Ventures
  • Venture Investor
    Redpoint Ventures

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