Tech Company Financing Transactions

Magnolia Broadband Funding Round

On 7/7/2003, Magnolia Broadband raised $6 million in Series C investment from eCentury Capital, SCP Partners and Threshold Ventures.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C

eCentury Capital (James Broder)

SCP Partners

Threshold Ventures (Danny Schultz)

Proceeds Purpose
Proceeds from the financing will support the completion of customer evaluation and delivery of the company's DiversityPlus´┐Ż based RFIC chipset starting in the fourth quarter of 2003.

Company Information

Company Status
Private & Independent
Mailing Address
74 Grand Ave. 2nd Floor
Englewood, NJ 07631
Email Address
Magnolia is an innovative developer of semiconductors for the wireless industry and the first company to provide mobile transmit diversity antenna technology, DiversityPlususing a unique RF (Radio Frequency) chipset.
Magnolia Broadband LinkedIn Company Profile
Social Media
Magnolia Broadband Company Twitter Account
Company News
Magnolia Broadband News
Magnolia Broadband on Facebook
Magnolia Broadband on YouTube

Management Team

Email & Social
Chief Executive Officer
Osmo Hautanen
  Osmo Hautanen LinkedIn Profile  Osmo Hautanen Twitter Account  Osmo Hautanen News  Osmo Hautanen on Facebook
Chief Technical Officer
Haim Harel
  Haim Harel LinkedIn Profile  Haim Harel Twitter Account  Haim Harel News  Haim Harel on Facebook
Vice President
Sherwin Wang
  Sherwin Wang LinkedIn Profile  Sherwin Wang Twitter Account  Sherwin Wang News  Sherwin Wang on Facebook
VP - Finance
Lorelee Merchak
  Lorelee Merchak LinkedIn Profile  Lorelee Merchak Twitter Account  Lorelee Merchak News  Lorelee Merchak on Facebook



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Prev: 7/2/2003: RF Waves venture capital transaction
Next: 7/8/2003: Bacchus Vascular venture capital transaction


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