Bitglass Lands $25,000,000 Series B Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b0df545b-79c4-411e-b122-f2b3e4682023 - Date
8/5/2014 - Company Name
Bitglass - Mailing Address
655 Campbell Technology Pkwy Campbell, CA 95008 USA - Company Description
In a world of cloud applications and mobile devices, IT must secure corporate data that resides on third-party servers and travels over third-party networks to employee-owned mobile devices. Existing security technologies are simply not suited to solving this task, since they were developed to secure the corporate network perimeter. Bitglass delivers innovative technologies that transcend the network perimeter to deliver total data protection for the enterprise – in the cloud, on mobile devices and anywhere on the Internet. - Website
http://www.bitglass.com - Transaction Type
Venture Equity - Transaction Amount
$25,000,000 - Transaction Round
Series B - Proceeds Purposes
The capital infusion will be used to expand sales, marketing and technology development of Bitglass’ Total Data Protection solution. - M&A Terms
- Venture Investor
- Venture Investor
- Venture Investor
