ServiceMesh Lands $15,000,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b0f8686c-9a23-4378-86ed-cda6520cc2e6&Preview=1
Date
11/16/2011
Company Name
ServiceMesh
Mailing Address
233 Wilshire Blvd Santa Monica, CA 90401
Company Description
ServiceMesh enables Agile IT operating models for global 2000 clients to improve their business agility while simultaneously lowering capital spending and operating costs.
Website
http://www.servicemesh.com
Transaction Type
Venture Equity
Transaction Amount
$15,000,000
Transaction Round
Undisclosed
Proceeds Purposes
ServiceMesh will use the capital from this funding to accelerate its global market penetration and partnerships.
M&A Terms
Venture Investor
Ignition Partners
Venture Investor
Undisclosed