Magnet Systems Obtains $12,600,000 New Funding

  • Feed Type
  • Date
    4/28/2011
  • Company Name
    Magnet Systems
  • Mailing Address
    471 Emerson St. Palo Alto, CA 94301
  • Company Description
    WIN enables the efficient development of secure and manageable enterprise social applications that take workforce productivity to new heights. WIN-based applications shift the center of gravity for enterprise software from the company to the user.
  • Website
    http://www.magnet.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,600,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Andreessen Horowitz
  • Venture Investor
    Individual Investor

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