What is Redbeacon?
Redbeacon operates within the Software sector, a dynamic field characterized by rapid innovation and evolving market demands. Headquartered in Foster City, California, the company employs between 20 to 49 individuals and reports an annual revenue in the range of $1M to $5M. This positions Redbeacon as a developing entity within its market, likely focused on refining its product and expanding its customer base.
How much funding has Redbeacon raised?
Redbeacon has raised a total of $7.4M across 1 funding round:
Series A
$7.4M
Series A (2010): $7.4M with participation from Mayfield Fund and Venrock
Key Investors in Redbeacon
Mayfield Fund
Mayfield Fund (mayfield.com) is a Menlo Park-based venture capital firm that raises dedicated funds to invest in early-stage technology companies, primarily at seed and Series A, backing enterprise, consumer, and infrastructure founders and partnering with them through growth and exit.
Venrock
Founded in 1969, Venrock is a venture capital firm headquartered in Palo Alto, California. Known for its entrepreneurial support, strategic guidance, and long track record of backing successful technology and healthcare ventures, clients value Venrock's deep industry expertise and commitment to helping startups scale and succeed.
What's next for Redbeacon?
The recent major strategic investment signifies a pivotal moment for Redbeacon, indicating a transition towards a scaling phase. This capital infusion is expected to fuel product development, market expansion, and potentially strategic partnerships. The company's trajectory suggests a focus on solidifying its market position and achieving broader enterprise adoption.
See full Redbeacon company page
