Tuesday, August 7, 2007

Red Condor Pulls In $7.7M

Rohnert Park-based Red Condor, a provider of managed email security, has pulled in $7.7M in a Series A round. The firm said this morning that the round came from ATA Ventures and RWI Ventures, and came in conjunction with a $2M credit facility from Square 1 Bank. Red Condor provides email security services for its customers. Red Condor said that the funding will go towards further developing the company's email security technology. More information »