Confidela Garners $9,250,000 Series B Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3a70e7f4-d213-4734-b3c1-6727e1315262&Preview=1 -
Date
1/11/2011 -
Company Name
Confidela -
Mailing Address
2680 Bayshore Pkwy Mountain View, CA 94043 -
Company Description
The company develops software-as-a service product for the work environment. -
Website
http://www.confidela.com -
Transaction Type
Venture Equity -
Transaction Amount
$9,250,000 -
Transaction Round
Series B -
Proceeds Purposes
The company said it will use the proceeds to expand its sales team as it looks to grow in the financial services, pharmaceutical, biotechnology, legal, energy, manufacturing, insurance and government markets. -
M&A Terms
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Venture Investor
Shasta Ventures -
Venture Investor
Gemini Israel Funds
