Krimmeni Technologies Obtains $11,700,000 Series A Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=567dd7b1-7c08-4dc0-b30e-45c9fc6209ee
Date
10/30/2014
Company Name
Krimmeni Technologies
Mailing Address
9442 Capital of Texas Highway North Arboretum Plaza One Austin, TX 78759 USA
Company Description
Krimmeni Technologies is a cybersecurity startup founded by veterans of Apple and Broadcom with offices in Silicon Valley and Austin, Texas. Collectively, we have delivered over $2 billion in venture returns from previous startups.
Website
http://www.krimmeni.com
Transaction Type
Venture Equity
Transaction Amount
$11,700,000
Transaction Round
Series A
Proceeds Purposes
The company, which has now raised $12.9m in total, intends to use the funds to accelerate development of its products, to expand marketing and sales operations as well as its R&D group in Austin, Texas.
M&A Terms
Venture Investor
Venture Investor