Tech Company Financing Transactions

VeriWave Funding Round

VeriWave, operating out of Beaverton, secured $10 million from Woodside Fund, TL Ventures and U.S. Venture Partners.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B

Woodside Fund (Lead Investor) (Ashish Gupta)

TL Ventures

U.S. Venture Partners

Proceeds Purpose
The company will use the new capital primarily to support product development and sales and strengthen its operational capabilities for international growth as the company extends its leadership in the WLAN test solutions space.

Company Information

Company Status
Acquired or Merged
Mailing Address
8770 SW Nimbus Ave. B
Beaverton, OR 97008
Email Address
VeriWave was formed to address the need for reliable performance testing for wireless local area networks.
VeriWave LinkedIn Company Profile
Social Media
VeriWave Company Twitter Account
Company News
VeriWave News
VeriWave on Facebook
VeriWave on YouTube

Management Team

Email & Social
Chief Executive Officer
Christopher DeMonico
  Christopher DeMonico LinkedIn Profile  Christopher DeMonico Twitter Account  Christopher DeMonico News  Christopher DeMonico on Facebook
Chief Financial Officer
Kellie VavRosky
  Kellie VavRosky LinkedIn Profile  Kellie VavRosky Twitter Account  Kellie VavRosky News  Kellie VavRosky on Facebook
Chief Technical Officer
Thomas Alexander
  Thomas Alexander LinkedIn Profile  Thomas Alexander Twitter Account  Thomas Alexander News  Thomas Alexander on Facebook
VP - Engineering
Tim Bennington-Davis
  Tim Bennington-Davis LinkedIn Profile  Tim Bennington-Davis Twitter Account  Tim Bennington-Davis News  Tim Bennington-Davis on Facebook
VP - Marketing
Eran Karoly
  Eran Karoly LinkedIn Profile  Eran Karoly Twitter Account  Eran Karoly News  Eran Karoly on Facebook



Browse more venture capital transactions:

Prev: 6/15/2005: Meru Networks venture capital transaction
Next: 6/15/2005: BroadWare Technologies venture capital transaction


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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with, an affiliated venture.


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