Tech Company Financing Transactions

Meru Networks Funding Round

Meru Networks, based in Sunnyvale, secured $25 million from Lehman Brothers Venture Partners, Bluestem Ventures and Clearstone Venture Partners.

Transaction Overview

Company Name
Meru Networks
Announced On
5/1/2006
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series D
Investors

Lehman Brothers Venture Partners (Lead Investor) (Brian Paul)

Bluestem Ventures

Clearstone Venture Partners (William Quigley)

Evercore

NeoCarta Ventures

Proceeds Purpose
The financing will be used to further expand Meru's sales, support and R&D teams, and accelerate the marketing of its award-winning Meru Wireless LAN system and industry-first Meru Radio Switch family

Company Information

Company Status
Acquired or Merged
Industry
Networking
Mailing Address
894 Ross Drive
Sunnyvale, CA 94089
USA
Phone
(408) 215-5300
Website
www.merunetworks.com
Email Address
[email protected]
Overview
Meru Networks is the global leader in wireless infrastructure solutions that enable the All-Wireless Enterprise.
Profile
Meru Networks LinkedIn Company Profile
Social Media
Meru Networks Company Twitter Account
Company News
Meru Networks News
Facebook
Meru Networks on Facebook
YouTube
Meru Networks on YouTube

Management Team

Title
Name
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: 4/28/2006: DVDPlay venture capital transaction
Next: 5/1/2006: IntelliDOT venture capital transaction

 

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