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Red Herring: Zimbra Gets Another $14.5M

Apr 07, 2006, 00:00 (0 Talkback[s])

"Collaboration and emailing software company Zimbra said Thursday it raised $14.5 in venture funding, allowing the startup to expand worldwide, further its on-demand business, and invest in research and development of new products.

"The round was led by Presidio STX, the U.S.-based venture investment subsidiary of Sumitomo Corporation, and private equity firm Duff Ackerman & Goodrich along, with existing investors Benchmark Capital, Accel Partners, Redpoint Ventures, and Inventures Group..."

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