Tech Company Financing Transactions

Tachyon Networks Funding Round

Cornerstone Holdings and Seaport Capital participated in a $7 million capital raise for Tachyon Networks. The financing round was announced on 6/1/2005.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Proceeds Purpose
Tachyon will utilize this financing to continue to expand its global footprint to additional key business markets in Asia, the Pacific Rim, Latin America and Africa and to further scale its internal operations and systems to better support the significant customer growth it anticipates as a result of this expansion.

Company Information

Company Status
Private & Independent
Mailing Address
9339 Carroll Park Dr. 150
San Diego, CA 92121
Email Address
Tachyon Networks, a single-source provider of global satellite technology solutions and services, offers the reliability and performance of terrestrial network services for remote Internet and private data network access and network backup solutions.
Tachyon Networks LinkedIn Company Profile
Social Media
Tachyon Networks Company Twitter Account
Company News
Tachyon Networks News
Tachyon Networks on Facebook
Tachyon Networks on YouTube

Management Team

Email & Social
Chief Executive Officer
Peter Carides
  Peter Carides LinkedIn Profile  Peter Carides Twitter Account  Peter Carides News  Peter Carides on Facebook



Browse more venture capital transactions:

Prev: 5/31/2005: Oxlo Systems venture capital transaction
Next: 6/2/2005: ONStor venture capital transaction


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Where The Data Comes From

We do our best to report on funding rounds that are announced publicly. All VC database entries 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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