Wednesday, July 30, 2008

Crescendo Networks Adds $9.5M

Menlo Park- and Tel Aviv, Israel-based Crescendo Networks, a provider of web application optimization software, has raised $9.5M in venture funding, the firm announced today. According to the firm, the round included The Challenge Fund - Etgar II L.P., Evergreen Venture Partners, Apax Partners, Magma Venture Partners, StageOne Ventures, and Convergent Capital. The firm said the funding brings its total raised to $36.2M. More information »