Tech Company Financing Transactions

LVL7 Systems Funding Round

U.S. Venture Partners, Gabriel Venture Partners and H.I.G. Capital participated in a $21 million Series C funding round for LVL7 Systems. This venture round was recorded on 2/9/2005.

Transaction Overview

Company Name
Announced On
2/9/2005
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series C
Proceeds Purpose
The latest funding will allow LVL7 to continue ambitious growth plans centered on expanding the feature sets and capabilities of its FASTPATH(R) software portfolio, and adding the internal resources and infrastructure enhancements necessary to service a growing customer base of top tier original equipment manufacturers.

Company Information

Company Status
Acquired or Merged
Industry
Communications
Mailing Address
100 Perimeter Park Drive H
Morrisville, NC 27560
USA
Email Address
Not Recorded
Overview
LVL7 Systems is revolutionizing the go-to-market model for providers of Ethernet and IP communication systems.
Profile
LVL7 Systems LinkedIn Company Profile
Social Media
LVL7 Systems Company Twitter Account
Company News
LVL7 Systems News
Facebook
LVL7 Systems on Facebook
YouTube
LVL7 Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Al Bender
  Al Bender LinkedIn Profile  Al Bender Twitter Account  Al Bender News  Al Bender on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/8/2005: Nextreme Thermal Solutions venture capital transaction
Next: 2/10/2005: BinOptics venture capital transaction

 

Share this article

 


About Our Venture Capital Transactions Database

We do our best to record all VC transactions involving tech companies. All VC database entries reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary