Tech Company Financing Transactions
Netli Funding Round
Netli secured a $8 million funding round on 11/8/2004. Backers included Reed Elsevier Ventures, Alta Partners and Bessemer Venture Partners.
Transaction Overview
Company Name
Announced On
11/8/2004
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Investors
Reed Elsevier Ventures (Lead Investor) (Rakesh Sood)
Proceeds Purpose
The investment will further fuel the growth of Netli's business by accelerating the company's global marketing and sales activities and support the development of new services, increasing the value Netli delivers to its growing base of global enterprise customers.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
800 W. El Camino Real 300
Mountain View, CA 94040
USA
Mountain View, CA 94040
USA
Phone
Website
Email Address
Not Recorded
Overview
Netli is the first service provider to deliver a business-quality Internet. Netli addresses the limitations of the Internet and enables customers to transparently extend the reach of their Web-enabled enterprises without distributing complex applications or paying for costly additional infrastructure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gary Messiana
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