Tech Company Financing Transactions

Cranite Systems Funding Round

Cranite Systems secured a $11.5 million financing round on 6/28/2006. Investors included Warburg Pincus, Diamondhead Ventures and

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Proceeds Purpose
Cranite plans to use the new funding to build out its existing product line and to expand its presence in the financial services, government and healthcare sectors.

Company Information

Company Status
Out of Business
Mailing Address
121 Albright Way
Los Gatos, CA 95032
Email Address
Cranite Systems, Inc., provides secure network access, enabling organizations to safely take advantage of wireless, mobile, and wide area networking technologies.
Cranite Systems LinkedIn Company Profile
Social Media
Cranite Systems Company Twitter Account
Company News
Cranite Systems News
Cranite Systems on Facebook
Cranite Systems on YouTube

Management Team

Email & Social
Chief Executive Officer
Lou Steinberg
  Lou Steinberg LinkedIn Profile  Lou Steinberg Twitter Account  Lou Steinberg News  Lou Steinberg on Facebook
Chief Financial Officer
Mike Dickey
  Mike Dickey LinkedIn Profile  Mike Dickey Twitter Account  Mike Dickey News  Mike Dickey on Facebook
Chief Scientific Officer
Dennis Volpano
  Dennis Volpano LinkedIn Profile  Dennis Volpano Twitter Account  Dennis Volpano News  Dennis Volpano on Facebook
VP - Engineering
Haresh Kumbhani
  Haresh Kumbhani LinkedIn Profile  Haresh Kumbhani Twitter Account  Haresh Kumbhani News  Haresh Kumbhani on Facebook



Browse more venture capital transactions:

Prev: 6/28/2006: Correctnet venture capital transaction
Next: 6/28/2006: Artielle ImmunoTherapeutics venture capital transaction


Share this article


About Database of VC Transactions

Our team works diligently to report on funding rounds that are announced publicly. All VC database entries reported here are sourced from publicly available VC deal announcements. The data is sourced from, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary