Deal Announcements

Bomgar Corp. Secures $5 Million Series B

Monday, February 12, 2007 7:30:00 AM PDT | VentureDeal Staff

RIDGELAND, MIBomgar Corporation (Formerly NetworkStreaming) announced the closing of its series B round of funding, receiving $5 million in new investment.

The company offers an appliance solution to the remote control support market.  It allows support reps to access any PC or Mac computer anywhere in the world through a secure web interface and connects through firewalls.

Investors in the round  included Southern Farm Bureau Life Insurance Company and GulfSouth Capital, both of which invested in the first round.  The company intends to use the proceeds to expand its sales and marketing efforts and to further develop and enhance its product line.

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