Bitzer Mobile Secures $4,750,000 Series A Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=88e7be29-b45f-4ebf-ae3e-4f606830fec6&Preview=1
Date
11/8/2011
Company Name
Bitzer Mobile
Mailing Address
440 N Wolfe Rd Sunnyvale, CA 94085
Company Description
Bitzer provides a platform that allows IT personnel to mobilize existing enterprise applications very rapidly. They can do that securely by consolidating all enterprise data inside a secure container that is completely under their control.
Website
http://www.bitzermobile.com
Transaction Type
Venture Equity
Transaction Amount
$4,750,000
Transaction Round
Series A
Proceeds Purposes
This round of financing will help us expand our customer support and product development teams and broaden the company’s direct and channel sales team.
M&A Terms
Venture Investor
Chevron Technology Ventures
Venture Investor
Undisclosed