Tech Company Financing Transactions

Red Bend Software Funding Round

Red Bend Software, based in Waltham, raised $3.6 million from Pitango Venture Capital, Infinity Venture Capital Fund and Viola Ventures.

Transaction Overview

Company Name
Announced On
12/9/2003
Transaction Type
Venture Equity
Amount
$3,600,000
Round
Series C
Investors

Pitango Venture Capital (Lead Investor) (Sharon Gelbaum-Shpan)

Infinity Venture Capital Fund

Viola Ventures (Harel Beit-On)

Proceeds Purpose
The funds will be used to address the growing demand for Red Bend's Over-The-Air (OTA) updating solutions as well as accelerate its sales and marketing initiatives in the mobile marketplace.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
400-1 Totten Pond Road 130
Waltham, MA 02451
USA
Email Address
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


 

 

Browse more venture capital transactions:

Prev: 12/8/2003: Portola Pharmaceuticals venture capital transaction
Next: 12/10/2003: GlycoFi venture capital transaction

 

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We do our best to record every notable VC transaction. All VC database entries reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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