Tech Company Financing Transactions

Meru Networks Funding Round

Bluestem Ventures, Clearstone Venture Partners and Evercore joined a $12 million Series C venture round for Meru Networks. This VC investment round was announced on 6/15/2005.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C

Bluestem Ventures (Lead Investor) (Thomas Erickson)

Clearstone Venture Partners (William Quigley)


Monitor Ventures

NeoCarta Ventures (Andre Turenne)

Proceeds Purpose
The new round of funding will be used to continue scaling Meru's sales force to address the company's key market opportunities for Voice over IP and Wireless LANs.

Company Information

Company Status
Acquired or Merged
Mailing Address
894 Ross Drive
Sunnyvale, CA 94089
Email Address
Meru Networks is the global leader in wireless infrastructure solutions that enable the All-Wireless Enterprise.
Meru Networks LinkedIn Company Profile
Social Media
Meru Networks Company Twitter Account
Company News
Meru Networks News
Meru Networks on Facebook
Meru Networks on YouTube

Management Team

Email & Social
Chief Executive Officer
Bami Bastani
  Bami Bastani LinkedIn Profile  Bami Bastani Twitter Account  Bami Bastani News  Bami Bastani on Facebook
VP - Bus. Development
Sarosh Vesuna
  Sarosh Vesuna LinkedIn Profile  Sarosh Vesuna Twitter Account  Sarosh Vesuna News  Sarosh Vesuna on Facebook
VP - Operations
Keith Matasci
  Keith Matasci LinkedIn Profile  Keith Matasci Twitter Account  Keith Matasci News  Keith Matasci on Facebook
VP - Sales
Larry Vaughan
  Larry Vaughan LinkedIn Profile  Larry Vaughan Twitter Account  Larry Vaughan News  Larry Vaughan on Facebook



Browse more venture capital transactions:

Prev: 6/15/2005: TimeSys Secures venture capital transaction
Next: 6/15/2005: VeriWave venture capital transaction


Share this article


Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data comes to us via our partnership with, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary