Tech Company Financing Transactions

Red Condor Funding Round

Red Condor closed a $7.7 million Series A financing round on 8/7/2007. Investors included ATA Ventures, RWI Ventures and Square 1 Bank.

Transaction Overview

Company Name
Announced On
8/7/2007
Transaction Type
Debt
Venture Equity
Amount
$7,700,000
Round
Series A
Investors

ATA Ventures (Lead Investor) (Michael Hodges)

RWI Ventures (Lead Investor) (William Baumel)

Square 1 Bank

Proceeds Purpose
This funding will be used to further develop the company's resilient email security technology. The most recent Series A financing was finalized in July 2007 and includes $5.7 million in equity financing and $2 million in venture debt from Square 1 Bank.

Company Information

Company Status
Acquired or Merged
Industry
Security
Mailing Address
1300 Valley House Drive 115
Rohnert Park, CA 94928
USA
Email Address
Overview
Red Condor is a managed service provider of highly resilient email security systems for businesses, government agencies and service providers. Red Condor's email security eliminates spam, viruses, spyware, phishing schemes and other offensive content, with perimeter defense against denial-of-service and directory harvest attacks.
Profile
Red Condor LinkedIn Company Profile
Social Media
Red Condor Company Twitter Account
Company News
Red Condor News
Facebook
Red Condor on Facebook
YouTube
Red Condor on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Thomas Steding
  Thomas Steding LinkedIn Profile  Thomas Steding Twitter Account  Thomas Steding News  Thomas Steding on Facebook


 

 

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Next: 8/7/2007: Agility Healthcare Solutions venture capital transaction

 

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Where The Data Comes From

We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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