Magnet Systems Garners $35,400,000 Series B Financing

  • Feed Type
  • Date
    8/20/2012
  • Company Name
    Magnet Systems
  • Mailing Address
    435 Tasso Street 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
    $35,400,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The investment will bring social, mobile, and cloud capabilities to HTC’s portfolio of service offerings to its mobile enterprise customers.
  • M&A Terms
  • Venture Investor
    HTC

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