Tech Company Financing Transactions

Astute Networks Funding Round

Samsung Ventures, Ayala Capital and ICCP Venture Partners joined a $12 million Series B funding round for Astute Networks. The round was announced by the company on 6/18/2012.

Transaction Overview

Company Name
Astute Networks
Announced On
6/18/2012
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series B
Investors

Samsung Ventures (Lead Investor) (Dong-Su Kim)

Ayala Capital

ICCP Venture Partners

Narra Venture Capital

Tallwood Venture Capital (George Pavlov)

The Investment Fund For Foundations

Proceeds Purpose
Astute will utilize the funding to further expand global sales, marketing, channel development, and support efforts, as well as ongoing innovation of its patented DataPump Engine�, Networked Performance Flash, and related technologies exclusively found in the company's ViSX family of 100 percent flash optimized appliances.

Company Information

Company Status
Private & Independent
Industry
Networking
Mailing Address
15015 Ave. of Science 150
San Diego, CA 92128
USA
Phone
(858) 673-7701
Website
www.astutenetworks.com
Email Address
[email protected]
Overview
Astute Networks builds products that combine fast performance and high bandwidth to accelerate data access, backup and recovery for virtualized environments.
Profile
Astute Networks LinkedIn Company Profile
Social Media
Astute Networks Company Twitter Account
Company News
Astute Networks News
Facebook
Astute Networks on Facebook
YouTube
Astute Networks on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Robert MacKnight
  Robert MacKnight LinkedIn Profile  Robert MacKnight Twitter Account  Robert MacKnight News  Robert MacKnight on Facebook
Chief Financial Officer
Brooke Beers
  Brooke Beers LinkedIn Profile  Brooke Beers Twitter Account  Brooke Beers News  Brooke Beers on Facebook
VP - Engineering
Keith Klarer
  Keith Klarer LinkedIn Profile  Keith Klarer Twitter Account  Keith Klarer News  Keith Klarer on Facebook
VP - Sales
Ted Lesinsky
  Ted Lesinsky LinkedIn Profile  Ted Lesinsky Twitter Account  Ted Lesinsky News  Ted Lesinsky on Facebook

 

 

Browse more venture capital transactions:

Prev: 6/18/2012: Snapguide venture capital transaction
Next: 6/18/2012: mFormation Technologies venture capital transaction

 

Share this article

 

About Our VC Transactions Data

We do our best to report on all VC transactions involving tech companies. VC investment data records on this site come from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2024. Gaebler Ventures. All rights reserved.