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 e.ventures.
Transaction Overview
Company Name
Announced On
6/28/2006
Transaction Type
Venture Equity
Amount
$11,500,000
Round
Undisclosed
Investors
Warburg Pincus (Lead Investor) (Patrick Severson)
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
Industry
Security
Mailing Address
121 Albright Way
Los Gatos, CA 95032
USA
Los Gatos, CA 95032
USA
Phone
Website
Email Address
Overview
Cranite Systems, Inc., provides secure network access, enabling organizations to safely take advantage of wireless, mobile, and wide area networking technologies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Lou Steinberg
Chief Financial Officer
Mike Dickey
Chief Scientific Officer
Dennis Volpano
VP - Engineering
Haresh Kumbhani
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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 VentureDeal.com, an affiliated venture.
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