Tech Company Financing Transactions
Nistica Funding Round
On 5/24/2006, Nistica raised $5.2 million in funding from Novitas Capital and Technology Venture Partners.
Transaction Overview
Company Name
Announced On
5/24/2006
Transaction Type
Venture Equity
Amount
$5,200,000
Round
Undisclosed
Investors
Novitas Capital (Michael Bolton)
Technology Venture Partners (Bryson Hollimon)
Proceeds Purpose
The company is developing optical modules for scaling wave-division multiplexing to offer a more cost-effective alternative to Reconfigurable Optical Add-Drop Multiplexers, in order to link optical core backbones with access networks.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
745 Route 202-206
Bridgewater, NJ 08807
USA
Bridgewater, NJ 08807
USA
Phone
Website
Email Address
Overview
Nistica is the first optical networking company to develop a new class of lean, intelligent, low-cost subsystems for automating the edge of optical networks.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ashish Vengsarkar
Chief Operating Officer
Frank Smith
Chief Technical Officer
Thomas Strasser
VP - Engineering
Jefferson Wagener
VP - Finance
Joanne Bisconti
VP - Operations
Steven Robinson
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