Macheen Receives $10,000,000 Series B Financing

  • Feed Type
  • Date
    6/15/2011
  • Company Name
    Macheen
  • Mailing Address
    9500 Arboretum Blvd. Austin, TX 78759
  • Company Description
    Macheen manages the complexity to enable device makers and retailers to ship devices with the Internet included, anywhere. Device makers and retailers brand the services and gain profitable, recurring revenue. Our comprehensive, end-to-end solution is built on a unique cloud-based services platform and a set of network partners across multiple countries and continents.
  • Website
    http://www.macheen.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The company will use the funding to build on its successful market entry earlier this year.
  • M&A Terms
  • Venture Investor
    North Bridge Venture Partners
  • Venture Investor
    DFJ Mercury

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