Tech Company Financing Transactions

Red Bend Software Funding Round

Red Bend Software closed a $10 million Series E funding round on 4/22/2008. Backers included Coral Capital Management, Greylock Partners and Pitango Venture Capital.

Transaction Overview

Company Name
Red Bend Software
Announced On
4/22/2008
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series E
Investors

Coral Capital Management (Lead Investor) (Yuval Almog)

Greylock Partners (Moshe Mor)

Pitango Venture Capital (Rami Kalish)

Poalim Ventures (Eran Gersht)

Viola Ventures (Amit Frenkel)

Proceeds Purpose
Red Bend will use the new funds for sales and marketing to grow its position in the mobile market as well as seize new opportunities in licensing its software for other connected wireless devices such as mobile broadband PC cards, USB modems, embedded chipsets and M2M modules. The company also will accelerate investment in research and development for its growing software products portfolio, which includes vCurrent Mobile for firmware over-the-air (FOTA) updating, vRapid Mobile for software component management and vDirect Mobile for device management.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
400-1 Totten Pond Road 130
Waltham, MA 02451
USA
Phone
(781) 890-2090
Website
www.redbend.com
Email Address
[email protected]
Overview
Red Bend Software drives the development, deployment and updating of the world's most efficient software delivery solutions.
Profile
Red Bend Software LinkedIn Company Profile
Social Media
Red Bend Software Company Twitter Account
Company News
Red Bend Software News
Facebook
Red Bend Software on Facebook
YouTube
Red Bend Software on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Yoram Salinger
  Yoram Salinger LinkedIn Profile  Yoram Salinger Twitter Account  Yoram Salinger News  Yoram Salinger on Facebook
Chief Financial Officer
Udi Dagan
  Udi Dagan LinkedIn Profile  Udi Dagan Twitter Account  Udi Dagan News  Udi Dagan on Facebook
Chief Technical Officer
Sharon Peleg
  Sharon Peleg LinkedIn Profile  Sharon Peleg Twitter Account  Sharon Peleg News  Sharon Peleg on Facebook
Executive Vice President
Morten Grauballe
  Morten Grauballe LinkedIn Profile  Morten Grauballe Twitter Account  Morten Grauballe News  Morten Grauballe on Facebook
VP - Marketing
Lori Sylvia
  Lori Sylvia LinkedIn Profile  Lori Sylvia Twitter Account  Lori Sylvia News  Lori Sylvia on Facebook
VP - R & D
Alon Kleinman
  Alon Kleinman LinkedIn Profile  Alon Kleinman Twitter Account  Alon Kleinman News  Alon Kleinman on Facebook
VP - Sales
Shykeh Gordon
  Shykeh Gordon LinkedIn Profile  Shykeh Gordon Twitter Account  Shykeh Gordon News  Shykeh Gordon on Facebook

 

 

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