"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..."
