Tech Company Financing Transactions

Colubris Networks Funding Round

Colubris Networks, based in Waltham, secured $13 million in investment from GrandBanks Capital, Mid-Atlantic Venture Fund and Prism VentureWorks.

Transaction Overview

Company Name
Announced On
3/8/2004
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series C
Investors

GrandBanks Capital (Lead Investor) (Charles Lax)

Mid-Atlantic Venture Fund (Thomas Smith)

Prism VentureWorks (William Seifert)

Proceeds Purpose
The new funds will be used to fuel the company's continued growth in the hotspot service provider and enterprise markets, where it has won significant new customers in competition with Cisco Systems and others.

Company Information

Company Status
Acquired or Merged
Industry
Networking
Mailing Address
200 West St. 300
Waltham, MA 02451
USA
Email Address
Overview
Colubris Networks manufactures and sells an award-winning WLAN product family to service providers and enterprises worldwide.
Profile
Colubris Networks LinkedIn Company Profile
Social Media
Colubris Networks Company Twitter Account
Company News
Colubris Networks News
Facebook
Colubris Networks on Facebook
YouTube
Colubris Networks on YouTube

Management Team

Title
Name
Email & Social
Chairman
Menashe Ezra
  Menashe Ezra LinkedIn Profile  Menashe Ezra Twitter Account  Menashe Ezra News  Menashe Ezra on Facebook
Chief Executive Officer
Rob Scott
  Rob Scott LinkedIn Profile  Rob Scott Twitter Account  Rob Scott News  Rob Scott on Facebook
Chief Operating Officer
Peter Minihane
  Peter Minihane LinkedIn Profile  Peter Minihane Twitter Account  Peter Minihane News  Peter Minihane on Facebook
Chief Technical Officer
Pierre Trudeau
  Pierre Trudeau LinkedIn Profile  Pierre Trudeau Twitter Account  Pierre Trudeau News  Pierre Trudeau on Facebook
Vice President
Stéphane Laroche
  Stéphane Laroche LinkedIn Profile  Stéphane Laroche Twitter Account  Stéphane Laroche News  Stéphane Laroche on Facebook
VP - Engineering
Roger Sands
  Roger Sands LinkedIn Profile  Roger Sands Twitter Account  Roger Sands News  Roger Sands on Facebook
VP - Marketing
Tom Racca
  Tom Racca LinkedIn Profile  Tom Racca Twitter Account  Tom Racca News  Tom Racca on Facebook
VP - Operations
Kenneth MacLure
  Kenneth MacLure LinkedIn Profile  Kenneth MacLure Twitter Account  Kenneth MacLure News  Kenneth MacLure on Facebook
VP - Sales
Gary Mead
  Gary Mead LinkedIn Profile  Gary Mead Twitter Account  Gary Mead News  Gary Mead on Facebook
VP - Sales
Jerry Stabile
  Jerry Stabile LinkedIn Profile  Jerry Stabile Twitter Account  Jerry Stabile News  Jerry Stabile on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/8/2004: NeoPath Networks venture capital transaction
Next: 3/8/2004: Voltaire venture capital transaction

 

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Where The Data Comes From

Our team works diligently to record funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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