Media Temple Obtains $15,000,000 New Funding Round

  • Feed Type
  • Date
    4/21/2010
  • Company Name
    Media Temple
  • Mailing Address
    8520 National Blvd Bldg A Culver City, CA 90232
  • Company Description
    Media Temple, Inc. is an industry-leading, privately held, profitable web hosting and software application services company based in California. Since 1998, our company has provided businesses worldwide with reliable, professional-class network environments to host websites, email, business applications, and other rich media content. We are a friendly, accessible group of “technology agnostic” engineers, support professionals, and business developers focused on the continued financial success of our company while adding value to the services we provide.
  • Website
    http://www.mediatemple.net
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Money will be used to to enhance new technologies and for interesting projects or teams that will be additive to the company’s core mission.
  • M&A Terms
  • Venture Investor
    Triangle Capital
  • Venture Investor
    GMB Mezzanine Capital

Trending on Xconomy