Instart Logic snags $43 mln

Palo Alto, California-based cloud application delivery provider Instart Logic has secured $43 million in funding. Four Rivers Group and Hermes Growth Partners led the round with participation from other investors that included Andreessen Horowitz, Kleiner Perkins Caufield and Byers and Tenaya Capital. Also, Instart Logic has named Rafael Torres as chief financial officer, Shailesh Shukla as vice president of products and strategy and Justin Fitzhugh as vice president of technical operations.

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