UnboundID Obtains $12,500,000 Series B Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=df8e7ce2-a8a2-4049-8653-81bc6a22b540&Preview=1 - Date
3/27/2012 - Company Name
UnboundID - Mailing Address
13809 Research Blvd Austin, TX 78750 - Company Description
UnboundID is a leading platform provider for identity services, enabling companies to dynamically manage, protect, and share customer data in real-time across cloud, mobile and social applications. UnboundID solutions help companies increase average revenue per customer while significantly lowering their costs for service and application delivery. - Website
http://www.unboundid.com - Transaction Type
Venture Equity - Transaction Amount
$12,500,000 - Transaction Round
Series B - Proceeds Purposes
The funds will be used to expand market penetration into new geographies and vertical markets, and to develop new products to meet existing and future customer needs. UnboundID plans to accelerate product development for its identity services platform, which enables companies to dynamically manage, protect, and share real-time customer data across cloud, mobile, and social applications. - M&A Terms
- Venture Investor
OpenView Venture Partners
