Exinda raises $12M in funding

Date:
Thursday March 08, 2012

Company Name:
Exinda

Company Website:
http://www1.exinda.com

Categories:
Hardware, Infrastructure, Storage, Security

Deal:
Funding

Source:
http://bit.ly/yfyx8e

Exinda, a global provider of WAN optimization solutions incorporating Unified Performance Management, today announced that it has secured $12M in a series B funding round. The round saw participation from existing investor OpenView Venture Partners as well as attracting new investment from Greenspring Associates. The funds will be used as working capital to support Exinda’s continued market penetration and targeted growth in the wake of a 116% increase in revenues during the course of 2011.