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Red Herring: Zimbra Gets Another $14.5M

“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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