Tech Company Financing Transactions
Mimecast Funding Round
Mimecast, operating out of Watertown, secured $62.2 million from Insight Venture Partners and Dawn Capital.
Transaction Overview
Company Name
Announced On
9/27/2012
Transaction Type
Venture Equity
Amount
$62,150,000
Round
Series C
Investors
Insight Venture Partners (Lead Investor) (Jeffrey Lieberman)
Proceeds Purpose
Mimecast plans to use the funding to accelerate the development and deployment of new technology, and to support plans for rapid expansion in the U.S. market.
Company Information
Company Status
Publicly-held
Industry
Software
Mailing Address
480 Pleasant Street
Watertown, MA 02472
USA
Watertown, MA 02472
USA
Phone
Website
Email Address
Overview
Mimecast (NASDAQ: MIME) is a rapidly expanding Software as a Service (SAAS) company. We provide an online technology platform that radically improves the way companies manage their most important business communication and data.
Management Team
Title
Name
Email & Social
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We do our best to document tech company VC transactions. All VC database entries reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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