Tech Company Financing Transactions

Narad Networks Funding Round

On 2/22/2007, Narad Networks received $10 million in funding from Ardesta, Polaris Partners and Sofinnova Ventures.

Transaction Overview

Company Name
Announced On
2/22/2007
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors

Ardesta (Christopher Legg)

Polaris Partners (Robert Metcalfe)

Sofinnova Ventures (Alain Azan)

The Vertical Group (Jack Lasersohn)

Proceeds Purpose
The round will support the company's ongoing operations and global expansion as well as help launch Narad's next-generation switched Ethernet platform.

Company Information

Company Status
Out of Business
Industry
Networking
Mailing Address
515 Groton Road
Westford, MA 01886
USA
Email Address
Not Recorded
Overview
Narad Networks enables the delivery of profitable broadband IP services over the existing cable infrastructure by creating managed Virtual Fiber networks that minimize the operator's capital expenditure and maximize their return on investment.
Profile
Narad Networks LinkedIn Company Profile
Social Media
Narad Networks Company Twitter Account
Company News
Narad Networks News
Facebook
Narad Networks on Facebook
YouTube
Narad Networks on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Collette
  Michael  Collette LinkedIn Profile  Michael  Collette Twitter Account  Michael  Collette News  Michael  Collette on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/22/2007: Revance Therapeutics venture capital transaction
Next: 2/22/2007: CarrierIQ venture capital transaction

 

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