Crescendo captures $5M to accelerate delivery of web apps
Crescendo Networks, a company that claims to deliver web applications for enterprises faster and more efficiently, has raised $5 million in a fourth round of venture funding from Trilogy Equity Partners, Evergreen Venture Partners, Apax Partners, StageOne Ventures and Challenge Fund, reports PE Hub. Based in Menlo Park, Calif., it has raised more than $45 million to date and plans to use its recent financing to build out its sales organization.
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.