Tech Company Financing Transactions
Sedona Systems Funding Round
Sedona Systems secured a $13.6 million Series B investment round on 8/5/2016. Investors included Intel Capital, Bessemer Venture Partners and NexStar Partners.
Transaction Overview
Company Name
Announced On
8/5/2016
Transaction Type
Venture Equity
Amount
$13,600,000
Round
Series B
Investors
Proceeds Purpose
The company, which has raised $19.6m, intends to use the funds to accelerate global sales to service providers and conduct R&D activities to broaden the product portfolio.
Company Information
Company Status
Private & Independent
Industry
Networking
Mailing Address
21631 Stevens Creek Blvd.
Cupertino, CA 95014
USA
Cupertino, CA 95014
USA
Phone
Undisclosed
Website
Email Address
Overview
Sedona Systems has created NetFusion, the first multi-layer application platform, focusing on optimization & control of the optical and IP layers (L0-L3) of network operators.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Yossi Wellingstein
Chief Technical Officer
Ori Gerstel
VP - Product Management
Gal Afriat
VP - R & D
Assaf Nitzan
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