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Crescendo Raises D Round of $5 Million for Application Optimization
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Crescendo Networks has been around since 2002. This is their D round of funding over 7 years. I am sure they have amazing technology, but does anyone else think seven years of funding is throwing good after bad? It is possible the money is used for expansion and this is one they believe will go public or sell at a very large price. Who knows, it is one to watch.
They accelerate and optimize the delivery of business-critical, Web-enabled applications. The company’s application delivery architecture is to improve the operation of demanding application infrastructures.
Funding
Funding Total: $5,000,000
| Round | Date | Amount | Pre Amount | Post Amount |
|---|---|---|---|---|
| D | 08/2009 | $5,000,000 | – | – |
| Investors: Apax Partners, Stage 1 Ventures, Evergreen Venture Partners, Trilogy Equity Partners | ||||
Founders
- Posted in: Funding
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