RedSeal Systems Receives $14,092,143 New Round

  • Feed Type
  • Date
    1/27/2015
  • Company Name
    RedSeal Systems
  • Mailing Address
    2540 Mission College Blvd. Santa Clara, CA 95054 USA
  • Company Description
    RedSeal Systems gives the concrete answer with a Security Risk Management (SRM) system that provides unified and measurable insight to network security and its effectiveness.
  • Website
    http://www.redseal.co
  • Transaction Type
    Debt
  • Transaction Amount
    $14,092,143
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Amount sold includes $8,000,000 cash, cancellation of notes and accrued interest in the amount of $5,592,143.24, and $500,000 to be received upon exercise of Series C Warrants. Proceeds purposes were not disclosed. SEC regulatory filing. Contact technology company for investment details, if applicable. Not an offer or solicitation for sale of securities.
  • M&A Terms
  • Venture Investor