Tech Company Financing Transactions

Crescendo Networks Funding Round

Crescendo Networks, operating out of Sunnyvale, secured $10 million from Evergreen Partners, Apax Partners and Magma Venture Partners.

Transaction Overview

Company Name
Crescendo Networks
Announced On
12/8/2006
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors

Evergreen Partners (Lead Investor) (Boaz Dinte)

Apax Partners (Gal Hayut)

Magma Venture Partners (Modi Rosen)

StageOne Ventures (Adoram Gaash)

Proceeds Purpose
This recent financing round of investment is intended to fuel the already strong momentum in worldwide sales that the company has been experiencing since its product launch more than a year ago. The funds will be utilized to increase the company's Marketing & Sales resources as well as expansion of the support team.

Company Information

Company Status
Acquired or Merged
Industry
Networking
Mailing Address
1270 Oakmead Pkwy. 318
Sunnyvale, CA 94085
USA
Phone
(866) 830-0400
Website
www.crescendonetworks.com
Email Address
[email protected]
Overview
Crescendo Networks Ltd. is an innovative, award winning company, which develops, markets, and sells application acceleration devices for data centers.
Profile
Crescendo Networks LinkedIn Company Profile
Social Media
Crescendo Networks Company Twitter Account
Company News
Crescendo Networks News
Facebook
Crescendo Networks on Facebook
YouTube
Crescendo Networks on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Adoram Ga'ash
  Adoram Ga'ash LinkedIn Profile  Adoram Ga'ash Twitter Account  Adoram Ga'ash News  Adoram Ga'ash on Facebook
Chief Financial Officer
Nechama Ben
  Nechama Ben LinkedIn Profile  Nechama Ben Twitter Account  Nechama Ben News  Nechama Ben on Facebook
VP - Client Services
Itai Druckmann
  Itai Druckmann LinkedIn Profile  Itai Druckmann Twitter Account  Itai Druckmann News  Itai Druckmann on Facebook
VP - Engineering
Amit Fridman
  Amit Fridman LinkedIn Profile  Amit Fridman Twitter Account  Amit Fridman News  Amit Fridman on Facebook
VP - Operations
John Williams
  John Williams LinkedIn Profile  John Williams Twitter Account  John Williams News  John Williams on Facebook
VP - Sales
Lior Gal
  Lior Gal LinkedIn Profile  Lior Gal Twitter Account  Lior Gal News  Lior Gal on Facebook

 

 

Browse more venture capital transactions:

Prev: 12/8/2006: Gearworks venture capital transaction
Next: 12/11/2006: Untangle venture capital transaction

 

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