Tech Company Financing Transactions

Funambol Funding Round

Nexit Ventures, Castile Ventures and H.I.G. Capital participated in a $12.5 million Series B funding round for Funambol. The funding round was announced on 6/17/2008.

Transaction Overview

Company Name
Announced On
6/17/2008
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series B
Investors

Nexit Ventures (Lead Investor) (Michel Wendell)

Castile Ventures (Carl Stjernfeldt)

H.I.G. Capital (Fred Sturgis)

WRV Capital (Mary Coleman)

Proceeds Purpose
The company will use the proceeds for continued growth in the push email market, to advance product R&D and to accelerate global expansion.

Company Information

Company Status
Private & Independent
Industry
Mobile
Mailing Address
1065 East Hillsdale Blvd. 250
Foster City, CA 94404
USA
Email Address
Overview
Funambol is the company behind Sync4j, the world-leading open source mobile application server. Sync4j is the open standard solution for the development, software provisioning and management of all wireless services: data synchronization, remote device management and application provisioning.
Profile
Funambol LinkedIn Company Profile
Social Media
Funambol Company Twitter Account
Company News
Funambol News
Facebook
Funambol on Facebook
YouTube
Funambol on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Amit Chawla
  Amit Chawla LinkedIn Profile  Amit Chawla Twitter Account  Amit Chawla News  Amit Chawla on Facebook
Chief Financial Officer
Alberto Onetti
  Alberto Onetti LinkedIn Profile  Alberto Onetti Twitter Account  Alberto Onetti News  Alberto Onetti on Facebook
VP - Engineering
Andrea Gazzaniga
  Andrea Gazzaniga LinkedIn Profile  Andrea Gazzaniga Twitter Account  Andrea Gazzaniga News  Andrea Gazzaniga on Facebook
VP - Product Management
Ata Rasekhi
  Ata Rasekhi LinkedIn Profile  Ata Rasekhi Twitter Account  Ata Rasekhi News  Ata Rasekhi on Facebook
VP - Sales
Christian Marsch
  Christian Marsch LinkedIn Profile  Christian Marsch Twitter Account  Christian Marsch News  Christian Marsch on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/17/2008: Veeva Systems venture capital transaction
Next: 6/18/2008: Lehigh Technologies venture capital transaction

 

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Our team works diligently to report on every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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