Business Services Industry
Riverbed Technologies Raises $3.5 Million in Venture Funding for Mobile Enterprise Software Business
Business Wire, Feb 1, 1999
FALLS CHURCH, Va.--(BUSINESS WIRE)--Feb. 1, 1999--Riverbed Technologies, a leading provider of software solutions that extend enterprise information systems to the mobile workforce, today announced it received $3.5 million in first-round venture capital financing lead by FBR Technology Venture Partners of Arlington, VA. FBR specializes in funding technology companies and has experience working with companies who are extending the reach of enterprise computing.
Formed in August 1998, Riverbed Technologies has already achieved great success providing solutions that bring front-line business resources into the mainstream of enterprise computing. With industry-leading partners including Palm Computing, Inc., a 3Com company, Symbol Technologies, The Windward Group and Noblestar Systems Corp., Riverbed's technology has quickly been adopted by Fortune 500 companies including AT&T Wireless, New York Life and Sony Computer Enteales force automation, inventory and asset manaable computing devices.
"Riverbed is expanerbed is already bringing these innovations to
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