Sencha Garners $15,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=75e2f133-6eb0-4f02-a6f7-fb71a20e04c9&Preview=1
Date
10/25/2011
Company Name
Sencha
Mailing Address
1700 Seaport Boulevard Redwood City, CA 94063
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
$15,000,000
Transaction Round
Series B
Proceeds Purposes
This latest funding enables Sencha to accelerate product development and technology acquisitions, add key talent to its development team, and expand its Silicon Valley office premises
M&A Terms
Venture Investor
Jafco Ventures
Venture Investor
Sequoia Capital
Venture Investor
Radar Partners