BetterCloud Receives $25,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=27f81825-b6d4-4e45-9462-2deefd42ff62
Date
3/26/2015
Company Name
BetterCloud
Mailing Address
330 7th Avenue 14th Floor New York, NY 10001 USA
Company Description
BetterCloud is a leading provider of Software-as-a-Service solutions for organizations of all sizes operating on the Google Apps platform.
Website
http://www.bettercloud.com
Transaction Type
Venture Equity
Transaction Amount
$25,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The investment will be used to significantly expand sales and marketing, accelerate development to deepen BetterCloud’s integration with cloud office applications and broaden platform functionality.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor