Redbooth Raises $11M

Redbooth, a company working on enterprise-grade real-time collaboration software, has secured $11 million in a Series B round.  The investment was led by Altpoint Ventures and Avalon Ventures.

Redbooth says the company has gained traction with enterprise customers, including GE, Avis, US Airways, Dell, Warner Bros., and Novartis, among others. Redbooth has also signed an OEM agreement with CA Technologies, whereby its solutions will be included as part of CA’s product suites.

The latest investment brings the company’s total funding to $17.5 million.

[Image courtesy: Redbooth]

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