Tech Company Financing Transactions
Fortinet Funding Round
Redpoint Ventures, Acorn Campus and DEFTA Partners participated in a $50 million Series E capital raise for Fortinet. This venture round was announced on 3/2/2004.
Transaction Overview
Company Name
Announced On
3/2/2004
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series E
Investors
Proceeds Purpose
This financing will be used to provide the working capital necessary to support Fortinet's market expansion. It comes on the heels of a number of recent company milestones.
Company Information
Company Status
Publicly-held
Industry
Networking
Mailing Address
899 Kifer Rd.
Sunnyvale, CA 94086
USA
Sunnyvale, CA 94086
USA
Phone
Website
Email Address
Overview
A leading provider of fast and secure cyber security solutions offers enterprise-level next generation firewalls and vast array of network security products.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ken Xie
Chief Financial Officer
Keith Jensen
Chief Information Officer
Philip Quade
Chief Technical Officer
Michael Xie
VP - Bus. Development
John Whittle
VP - Product Management
John Maddison
VP - Sales
Patrice Perche
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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