Tech Company Financing Transactions

Clarus Systems Funding Round

Trinity Ventures and Mobius Venture Capital participated in a $8.9 million Series A funding round for Clarus Systems. The round was announced on 12/2/2003.

Transaction Overview

Company Name
Clarus Systems
Announced On
12/2/2003
Transaction Type
Venture Equity
Amount
$8,850,000
Round
Series A
Investors

Trinity Ventures (Lead Investor) (Fred Wang)

Mobius Venture Capital (Robin Bordoli)

Proceeds Purpose
With this funding, Clarus Systems, based in San Francisco and founded in 2000 by Evan Powell and Kevin Bayuk, plans to expand its engineering, sales, marketing and channel development efforts working with best-of-breed partners.

Company Information

Company Status
Acquired or Merged
Industry
Networking
Mailing Address
2200 Bridge Pkwy. 101
Redwood City, CA 94065
USA
Phone
(650) 632-2800
Website
www.clarussystems.com
Email Address
[email protected]
Overview
Many enterprises are using the natural network upgrade cycle to convert telephony systems to IP from legacy Public Branch Exchanges (PBXs) and are experiencing tremendous cost savings and productivity improvements from doing so.
Profile
Clarus Systems LinkedIn Company Profile
Social Media
Clarus Systems Company Twitter Account
Company News
Clarus Systems News
Facebook
Clarus Systems on Facebook
YouTube
Clarus Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Brendan Reidy
  Brendan Reidy LinkedIn Profile  Brendan Reidy Twitter Account  Brendan Reidy News  Brendan Reidy on Facebook
Chief Financial Officer
John McCormack
  John McCormack LinkedIn Profile  John McCormack Twitter Account  John McCormack News  John McCormack on Facebook
Chief Technical Officer
Kevin McGowan
  Kevin McGowan LinkedIn Profile  Kevin McGowan Twitter Account  Kevin McGowan News  Kevin McGowan on Facebook
VP - Product Management
Gurmeet Lamba
  Gurmeet Lamba LinkedIn Profile  Gurmeet Lamba Twitter Account  Gurmeet Lamba News  Gurmeet Lamba on Facebook
VP - Sales
John McCaffrey
  John McCaffrey LinkedIn Profile  John McCaffrey Twitter Account  John McCaffrey News  John McCaffrey on Facebook

 

 

Browse more venture capital transactions:

Prev: 12/1/2003: Triformix venture capital transaction
Next: 12/2/2003: Santur venture capital transaction

 

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About Our Venture Capital Transactions Database

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 

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