Sencha Garners $14,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a7a31460-03c9-4568-af4c-dd1dd9f9a62b&Preview=1
Date
6/24/2010
Company Name
Sencha
Mailing Address
525 University Ave. Palo Alto, CA 94301
Company Description
Sencha Touch is the world’s first app framework built specifically to leverage HTML5, CSS3, and Javascript for the highest level of power, flexibility, and optimization. We make specific use of HTML5 to deliver components like audio and video, as well as a localStorage proxy for saving data offline.
Website
http://www.sencha.com
Transaction Type
Venture Equity
Transaction Amount
$14,000,000
Transaction Round
Undisclosed
Proceeds Purposes
We want to be able to invest in a product development effort that matches the opportunity I’ve described above.
M&A Terms
Venture Investor
Sequoia Capital
Venture Investor
Radar Partners