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Short Take: Softwire raises $8.6 million toward launch

Bay Area start-up Softwire has collected $3.5 million this month towards its launch. The Larkspur-based company, founded in February by former Sybase director of messaging technologies Allan Lees, raised $5.1 million in its first round of financing in July. Softwire plans to ship its first product at the end of the second quarter of 1997.

Paul Festa Staff Writer, CNET News.com
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Bay Area start-up Softwire has collected $3.5 million this month towards its launch. The Larkspur-based company, founded in February by former director of messaging technologies Allan Lees, raised $5.1 million in its first round of financing in July. Softwire plans to ship its first product at the end of the second quarter of 1997.