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Postini exit benefits August, Summit, Mobius and Bessemer

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Published July 9, 2007 at 1:34 PM

Google's accelerated acquisition pace is good news for venture capitalists. The search company's $625 million acquisition of Postini announced today benefits a number of investors and marks its second purchase of a security startup in the past two months.

Postini shareholders include August Capital, Mobius Venture Capital, Sun Microsystems, Summit Partners, AltoTech Ventures, Pacifica Fund and Bessemer Venture Partners. The company has raised $35 million overall. Bessemer led the Series D in 2003, Mobius led the Series C round, Summit Partners led Series B and August led Series A.

For more on the Postini sale to Google, see:
Bill Burnham
Tech Dirt

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