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Good Technology raises USD 80 mln in latest funding round

2014-10-01 08:25:00| Telecompaper Headlines

(Telecompaper) Good Technology, a developer of mobile device management software, said that it has raised USD 80 million in additional funding and that it is still considering an initial public offering, Re/Code reported. The company filed for an IPO earlier this year. CEO Christy Wyatt said the company is not rethinking its plan to go public and that is would continue to watch the market for a good moment. Good, which was once owned by Motorola, is currently privately held. The USD 80 million came from new investors, Wyatt said. Previous investors include Blueprint Ventures, Draper Fisher Jurvetson, ePlanet Capital, GKM Newport, Meritech Capital Partners, Oak Investment Partners and Rustic Canyon Partners.

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Category:Telecommunications

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