Friday, June 18, 1999

Strange bedfellows

AvantGo today announced that it has secured third round equity investments totaling $14.7 million from Microsoft and 3Com, investment management firm Fayez Sarofim & Co., which led the round, and venture capital firms 21st Century Internet Venture Partners, H&Q Venture Associates and Adobe Ventures. The company also announced that Gregory Waldorf was selected by the new investors to serve on AvantGo’s Board of Directors, effective immediately.

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