Trilibis Garners $5,700,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0cf70704-8a31-4158-86bb-126c620ed404&Preview=1
Date
10/8/2008
Company Name
Trilibis
Mailing Address
700 S. Claremont Street San Mateo, CA 94402
Company Description
Trilibis continues to innovate and provide its customers with leading edge solutions, empowering them to generate profitable revenue within the wireless data market.
Website
http://www.trilibis.com
Transaction Type
Venture Equity
Transaction Amount
$5,700,000
Transaction Round
Series B
Proceeds Purposes
The newly raised capital will be used to fund development of the next generation of SmartPath to include support for native applications for BlackBerry, iPhone, Windows Mobile and Android devices. Additionally, Trilibis will devote some of the capital to boost its marketing and sales efforts.
M&A Terms
Venture Investor
Altos Ventures
Venture Investor
ATA Ventures