Instart Logic, one of the leading providers of application delivery solutions, announced that the Company had raised an additional capital of $45 million as part of its latest Series D funding round, which was led by its new investor Geodesic Capital. The Company mentioned that this new capital will be used to accelerate its product development as well as expand its sales around the world.
Apart from Geodesic Capital, this funding round also included new investors like Stanford-StartX Fund and Harris Barton Asset Management and the Company also saw participation from its existing investors Hermes Growth Partners, Andreessen Horowitz, Four Rivers Group, Kleiner Perkins Caufield & Byers, and Tenaya Capital.
Instart Logic also mentioned that apart from this investment, the Company also received a strategic investment from Telstra Ventures, which is a subsidiary of the leading Australian telecom provider, Telstra.
Original Post at: https://www.instartlogic.com/company/news-and-press/instart-logic-builds-2015-momentum-45-million-funding
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