KEMP Technologies Receives $16M Private Equity Financing

Published On January 10, 2012 |

KEMP Technologies, a Yaphank, New York-based provider of application delivery and load balancing products for the small and medium business segment, has received a $16m financing.

The round was led by Edison Ventures, which injected $7.5m, with participation from Kennet Partners and Orix.

The company intends to use the proceeds for product development, sales and international expansion.

Led by President Ray Downes, KEMP Technologies offers Layers 4-7 load balancing, content switching, server persistence, SSL offload/acceleration, and application front-end capabilities (caching, compression, intrusion prevention system).

In conjunction with the investment, Lenard Marcus, Edison Principal joined the company’s Board of Directors, along with John Becker, Edison Director Network member.

FinSMEs

10/01/2012

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