Tech Company Financing Transactions

SOMA Networks Funding Round

On 7/18/2008, SOMA Networks raised $51 million in financing from Daiwa Securities SMBC Principal Investments Co. and private investors.

Transaction Overview

Company Name
Announced On
7/18/2008
Transaction Type
Venture Equity
Amount
$51,000,000
Round
Undisclosed
Proceeds Purpose
The financing has been earmarked for continued expansion of international operations and deployments, including ongoing support of the industry's largest WiMAX network with Bharat Sanchar Nigam Ltd (BSNL), India's state-owned telecommunications company.

Company Information

Company Status
Private & Independent
Industry
Mobile
Mailing Address
650 Townsend St. 305
San Francisco, CA 94103
USA
Email Address
Overview
SOMA Networks was the first, and continues to be the only, broadband wireless company to deliver the industry's only all-IP Multimedia Application System for service providers. By taking a systems level, holistic network approach, SOMA makes the mobile WiMAX Standard better for service providers.
Profile
SOMA Networks LinkedIn Company Profile
Social Media
SOMA Networks Company Twitter Account
Company News
SOMA Networks News
Facebook
SOMA Networks on Facebook
YouTube
SOMA Networks on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Yatish Pathak
  Yatish Pathak LinkedIn Profile  Yatish Pathak Twitter Account  Yatish Pathak News  Yatish Pathak on Facebook
VP - Customer Service
Sudhir Kadam
  Sudhir Kadam LinkedIn Profile  Sudhir Kadam Twitter Account  Sudhir Kadam News  Sudhir Kadam on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/18/2008: Elemental Technologies venture capital transaction
Next: 7/21/2008: Celleration venture capital transaction

 

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Where The Data Comes From

Our team works diligently to document all VC transactions involving tech companies. All VC database entries reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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