Tech Company Financing Transactions

Axerra Networks Funding Round

Axerra Networks, based in Waltham, secured $15.3 million from Johnson & Johnson Development Corporation and Signal Peak Ventures.

Transaction Overview

Company Name
Announced On
3/28/2007
Transaction Type
Venture Equity
Amount
$15,300,000
Round
Series B
Investors

Johnson & Johnson Development Corporation (Lead Investor) (Roger Guidi)

Signal Peak Ventures (Dinesh Patel)

Proceeds Purpose
The funds raised in this financing will be used to accelerate Axial Biotech's product development efforts and to prepare for the launch of its scoliosis genetic test late next year.

Company Information

Company Status
Acquired or Merged
Industry
Networking
Mailing Address
411 Waverley Oaks Rd. 331
Waltham, MA 02452
USA
Email Address
Overview
Axerra Networks is the leading provider of circuit emulation and service emulation solutions over packet access networks. Axerra's Pseudo-Wire solutions enable mobile wireless operators, cable operators, competitive service providers, and incumbent carriers to extend IP plus legacy data and voice services in native format over Ethernet, IP, and MPLS networks.
Profile
Axerra Networks LinkedIn Company Profile
Social Media
Axerra Networks Company Twitter Account
Company News
Axerra Networks News
Facebook
Axerra Networks on Facebook
YouTube
Axerra Networks on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Hezi Lapid
  Hezi Lapid LinkedIn Profile  Hezi Lapid Twitter Account  Hezi Lapid News  Hezi Lapid on Facebook
Chief Financial Officer
Asher Avital
  Asher Avital LinkedIn Profile  Asher Avital Twitter Account  Asher Avital News  Asher Avital on Facebook
Chief Technical Officer
Alex Tal
  Alex Tal LinkedIn Profile  Alex Tal Twitter Account  Alex Tal News  Alex Tal on Facebook
General Manager
Reinhard Florin
  Reinhard Florin LinkedIn Profile  Reinhard Florin Twitter Account  Reinhard Florin News  Reinhard Florin on Facebook
VP - Human Resources
Rachel Zussman
  Rachel Zussman LinkedIn Profile  Rachel Zussman Twitter Account  Rachel Zussman News  Rachel Zussman on Facebook
VP - Operations
Yaniv Pichoto
  Yaniv Pichoto LinkedIn Profile  Yaniv Pichoto Twitter Account  Yaniv Pichoto News  Yaniv Pichoto on Facebook
VP - R & D
Guy Kronenthal
  Guy Kronenthal LinkedIn Profile  Guy Kronenthal Twitter Account  Guy Kronenthal News  Guy Kronenthal on Facebook
VP - Sales
Gil Itkin
  Gil Itkin LinkedIn Profile  Gil Itkin Twitter Account  Gil Itkin News  Gil Itkin on Facebook
VP - Sales
Yosi Ronen
  Yosi Ronen LinkedIn Profile  Yosi Ronen Twitter Account  Yosi Ronen News  Yosi Ronen on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/28/2007: Sanovia venture capital transaction
Next: 3/28/2007: LitePoint venture capital transaction

 

Share this article

 


Where The Data Comes From

We document every notable VC transaction. VC transactions reported here are sourced from company press releases and news coverage. The data 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