Bangalore Based i7 Raises $250,000 Angel Investment
Summary
i7 Networks has raised $250,000 in angel funding from Rao Remala, Murali Venkat Rao, and Sharad Sharma. The Bangalore-based product company helps businesses manage web content classification and bandwidth management. The article also notes that the founders previously built S7, a software migration company that was later acquired by Bluecoat Systems. This round gives i7 Networks additional capital to grow its software offering and expand its market reach.
Funding
Amount
$250.0K
Total raised
Date
August 20, 2012
Announcement date
Investors
Info Edge, Simplilearn Solutions
Lead investors
Company
i7networks.com
Funded company
Classifications
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applications
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