Tech Company Financing Transactions
Postini Funding Round
Bessemer Venture Partners, August Capital and Mobius Venture Capital invested in a $10 million Series D funding round for Postini. The round closed on 9/15/2003.
Transaction Overview
Company Name
Announced On
9/15/2003
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series D
Investors
Bessemer Venture Partners (Lead Investor) (David Cowan)
Proceeds Purpose
Postini will use the financing primarily to expand its sales and marketing teams and programs to meet rising market demand for its services.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
959 Skyway Road 200
San Carlos, CA 94070
USA
San Carlos, CA 94070
USA
Phone
Website
Email Address
Not Recorded
Overview
Postini, Inc. is the industry's leading provider of email security and management for the enterprise.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shinya Akamine
Browse more venture capital transactions:
Prev: 9/11/2003: RNT venture capital transaction
Next: 9/15/2003: Troux Technologies venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to document every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs