Good Technology adds over $45 million in funding; Crosslink Capital and BA Venture Partners join Good`s strong investor base to fuel growth.

0 Comments | M2 Presswire, May, 2004

M2 PRESSWIRE-17 May 2004-Good Technology: Good Technology adds over $45 million in funding; Crosslink Capital and BA Venture Partners join Good`s strong investor base to fuel growth(C)1994-2004 M2 COMMUNICATIONS LTD RDATE:05172004 SUNNYVALE, Calif. -- Good Technology, Inc., the leader in industry standards-based wireless messaging and corporate data access, announced today that it has closed an over-subscribed $45m round of financing, led by Crosslink Capital.

Crosslink was joined by significant new investor BA Venture Partners and Good`s existing backers -- including Kleiner, Perkins, Caufield & Byers and Benchmark Capital -- many of which invested in excess of their pro-rata allocations. Good will use the funds to accelerate its already rapid market...