Tech Company Financing Transactions

Millennial Net Funding Round

On 4/14/2003, Millennial Net raised $6 million in Series A investment from General Catalyst Partners, Globespan Capital Partners and Kodiak Venture Partners.

Transaction Overview

Company Name
Announced On
4/14/2003
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors

General Catalyst Partners (Lead Investor) (John Simon)

Globespan Capital Partners (Lead Investor) (Ullas Naik)

Kodiak Venture Partners (Lead Investor) (Michael O'Neill)

Proceeds Purpose
Millennial Net will use the funding to further develop its i-Bean technologies and expand its sales and marketing activities. Millennial Net produces hardware and software to build reliable, low-power wireless sensor networks.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
285 Billerica Rd.
Chelmsford, MA 01824
USA
Email Address
Overview
Millennial Net develops wireless sensor networking software, systems, and services that enable OEMs and systems integrators to quickly and cost-effectively implement wireless sensor networks.
Profile
Millennial Net LinkedIn Company Profile
Social Media
Millennial Net Company Twitter Account
Company News
Millennial Net News
Facebook
Millennial Net on Facebook
YouTube
Millennial Net on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Dieter Schill
  Dieter Schill LinkedIn Profile  Dieter Schill Twitter Account  Dieter Schill News  Dieter Schill on Facebook
Chief Technical Officer
Sokwoo Rhee
  Sokwoo Rhee LinkedIn Profile  Sokwoo Rhee Twitter Account  Sokwoo Rhee News  Sokwoo Rhee on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/9/2003: Comverge venture capital transaction
Next: 4/15/2003: Invention Machine venture capital transaction

 

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