Crescendo Networks, a recognized performance leader for accelerating and optimizing Web application delivery, today announced it has received an additional $5 million investment to further fuel sales expansion. Co-founder and CEO Adoram Ga'ash has relocated to Menlo Park, California where the corporate headquarters has been established. Engineering and corporate operations will remain in Tel Aviv, Israel.
Crescendo Networks has attracted more than $45 million in investment over the past 7 years. This current round of financing was led by Trilogy Equity Partners, a venture capital firm based in Bellevue, Washington, along with current investors Evergreen Venture Partners, Apax Partners, StageOne Ventures, and Challenge Fund, who also properties rely on Crescendo Networks' ADC to deliver exceptional application performance for global users.