Thursday, August 13, 2009

Trilogy Leads Investment In Web Acceleration Firm

Bellevue-based Trilogy Equity Partners is the lead in the funding of an Israeli, web acceleration firm, Crescendo Networks, Crescendo said today. According to Crescendo, it raised $5M in a round led by Trilogy Equity Partners. The funding also included Evergreen Venture Partners, Apax Partners, StageOne Ventures, and Challenge Fund. Triology's Peter van Oppen joins the company's board of directors. Crescendo has operations in Tel Aviv, Israel, and just moved its CEO to Menlo Park, California. Crescendo Networks is a competitor of Seattle-based F5 Networks; More information »