But an upround is still an upround….
By Stefan, March 25th, 2009Despite the gloom and the general pessimistic view in the venture community, among both investors and startups, excellent companies still manage to attract financing. Edgeware last week announced both a new $8M financing round led by Micron Ventures and the opening of a US office.
The new round was an significant upround to the last round and compared to our initial seed investment in Edgeware one order of magnitude up.