Propel Software

http://www.propel.com/

Propel Software develops scalable data management software that sits between JAVA based Web applications and enterprise database systems to eliminate bottlenecks from Internet traffic. Propel is focused on solving a problem that affects approximately 50 million U.S. Internet users: slow Internet dial-up connections. In July of 2002, Propel launched a new service to address this issue – Propel Accelerator, which speeds up dial-up browsing by up to 5 times.

Financials

Date Type Amount Investors Valuation
06/01/01 Series C 12M Scott Cook, Scott Cook, Scott Cook, Scott Cook, Scott Cook, Discovery Ventures, Himalaya Capital Ventures, MSD Capital, Zero Gravity Venture Partners, Scient, Viant Unknown

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