Akimbo Closes $12M Financing Round

7/12/2004 1:00 AM Eastern

Akimbo Systems said Monday that it has closed $12 million in series-B financing.

The round was led by Kleiner Perkins Caufield & Byers, along with returning series-A investors Draper Fisher Jurvetson, Sprout Group and Zone Ventures Management Co. LLC.

The company also announced that Kleiner Perkins general partner Will Hearst was named chairman of its board.

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