Exinda Raises $12M in Series B Funding

Funding Rounds

▤ Summary

Exinda, a Boston, MA-based global provider of WAN optimization solutions incorporating Unified Performance Management, has secured $12m in Series B funding.Backers include existing investor OpenView Venture Partners as well as new investor Greenspring Associates.The company intends to use capital to continue market penetration.Led by CEO Michael Sharma, Exinda is a global supplier of WAN Optimization and Application Acceleration products designed to improve the end user experience, manage application performance abd congestion over the WAN and reduce network operating costs.Customers include over 2,500 organisations in over 80 countries worldwide.

$ Funding

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Amount $12.0M Total raised
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Date March 8, 2012 Announcement date
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Investors OpenView Venture Partners, Greenspring Associates Lead investors
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Company http://www.exinda.com Funded company

▥ Classifications

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applications
ERP & Process Management

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▦ Linked Companies

Exinda
$10M to $25M