Tech Company Financing Transactions

Hatteras Networks Funding Round

Hatteras Networks, based in Durham, raised $11 million in funding from Columbia Capital, Fuse Capital and Grotech Ventures.

Transaction Overview

Company Name
Announced On
3/31/2005
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Undisclosed
Investors

Columbia Capital (Philip Herget)

Fuse Capital (Cliff Higgerson)

Grotech Ventures (Joseph Zell)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Acquired or Merged
Industry
Networking
Mailing Address
523 Davis Dr 500
Durham, NC 27713
USA
Email Address
Overview
Hatteras Networks came into existence to develop equipment to enable carriers and service providers to deliver high-bandwidth reliable business services to business locations that are not served by fiber. This large opportunity is fueled by the very large bandwidth and services gap that currently exists between a traditional T1/E1 service and next-generation fiber-based services.
Profile
Hatteras Networks LinkedIn Company Profile
Social Media
Hatteras Networks Company Twitter Account
Company News
Hatteras Networks News
Facebook
Hatteras Networks on Facebook
YouTube
Hatteras Networks on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kevin Sheehan
  Kevin Sheehan LinkedIn Profile  Kevin Sheehan Twitter Account  Kevin Sheehan News  Kevin Sheehan on Facebook
President
Jeff White
  Jeff White LinkedIn Profile  Jeff White Twitter Account  Jeff White News  Jeff White on Facebook
VP - Engineering
Matt Squire
  Matt Squire LinkedIn Profile  Matt Squire Twitter Account  Matt Squire News  Matt Squire on Facebook
VP - Engineering
Mark Ventura
  Mark Ventura LinkedIn Profile  Mark Ventura Twitter Account  Mark Ventura News  Mark Ventura on Facebook
VP - Operations
Barry Shapiro
  Barry Shapiro LinkedIn Profile  Barry Shapiro Twitter Account  Barry Shapiro News  Barry Shapiro on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/31/2005: Jobster venture capital transaction
Next: 3/31/2005: Beceem Communications venture capital transaction

 

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