M87 Secures $5,000,000 New Funding Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=839d126e-5fa9-42e3-9813-8075b8a877c7 - Date
11/18/2016 - Company Name
M87 - Mailing Address
211 E. 7th Street Austin, TX 78701 USA - Company Description
M87’s Routing at the Edge (RATE) technology improves the performance of data networks by moving routing intelligence and network selection decisions to the device, which is most aware of real-time connectivity conditions. - Website
http://www.m-87.com - Transaction Type
Venture Equity - Transaction Amount
$5,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
M87, which has raised more than $12 million to date, will use the fresh funding round to double its 8-person team by the first half of next year. - M&A Terms
- Venture Investor
Madrona Venture Group - Venture Investor
Qualcomm Ventures - Venture Investor
Trilogy Equity Partners
