View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
November 14, 1994


By CBR Staff Writer

Forte Software Inc, Oakland, California designer of enterprise client-server development tools has raised $10m in its fourth round of venture financing, bringing the total raised to $33m and putting a valuation on the company of $115m. Proceeds will be used to fund development of sales and marketing in the US, UK, France, Germany and Australia. The company made its principal product, the Forte application development environment, generally available on September 19. The company did not name the investors contributing to the latest round, but Forte’s president and chief executive Marty Sprinzen said All of our investors participated in this financing, and we added new European investors who will help our credibility as we increase our marketing efforts outside of North America. We also welcome a large number of Forte employees as new shareholders. The company notes that its strategic partners include Apple Computer Inc, Data General Corp, Digital Equipment Corp, IBM Corp, Mitsubishi Electric Corp and Sequent Computer Systems Inc.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.