Tech Company Financing Transactions
Magnet Systems Funding Round
On 8/20/2012, Magnet Systems raised $35.4 million in Series B financing from HTC.
Transaction Overview
Company Name
Announced On
8/20/2012
Transaction Type
Venture Equity
Amount
$35,400,000
Round
Series B
Investors
Proceeds Purpose
The investment will bring social, mobile, and cloud capabilities to HTC's portfolio of service offerings to its mobile enterprise customers.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
2300 Geng Rd. 100
Palo Alto, CA 94303
USA
Palo Alto, CA 94303
USA
Phone
Website
Email Address
Overview
WIN enables the efficient development of secure and manageable enterprise social applications that take workforce productivity to new heights. WIN-based applications shift the center of gravity for enterprise software from the company to the user.
Management Team
Title
Name
Email & Social
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