Tech Company Financing Transactions
Bitfone Funding Round
Bitfone, based in Laguna Niguel, raised $21 million in funding from Prism VentureWorks, 3i Venture Capital and KTB Ventures.
Transaction Overview
Company Name
Announced On
3/16/2004
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series C
Investors
Proceeds Purpose
The investment allows Bitfone to expand worldwide sales, customer support and engineering resources to meet the overwhelming demand for Bitfone's industry leading solution,
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
32451 Golden Lantern 301
Laguna Niguel, CA 92677
USA
Laguna Niguel, CA 92677
USA
Phone
Website
Email Address
Not Recorded
Overview
Bitfone Corporation provides innovative software solutions for mobile device management. Bitfone's mProve is the wireless industry's leading technology that updates a mobile phone's core embedded software over the air, in a secure and fault-tolerant manner.
Management Team
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