Tech Company Financing Transactions

NexTone Communications Funding Round

On 11/7/2005, NexTone Communications raised $35 million in Series D investment from Core Capital Partners, Mid-Atlantic Venture Fund and Safeguard Scientifics.

Transaction Overview

Company Name
NexTone Communications
Announced On
11/7/2005
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series D
Investors

Core Capital Partners (Pascal Luck)

Mid-Atlantic Venture Fund (Thomas Smith)

Safeguard Scientifics (John Loftus)

Summerhill Venture Partners (David McCarthy)

Proceeds Purpose
The new funding will be used to expand NexTone's strategic initiatives and further advance its leadership position in the IP session management market.

Company Information

Company Status
Acquired or Merged
Industry
Networking
Mailing Address
101 Orchard Ridge Drive 300
Gaithersburg, MD 20878
USA
Phone
(240) 912-1300
Website
www.nextone.com
Email Address
Not Recorded
Overview
NexTone Communications develops carrier-grade products for delivering scalable control of real-time IP services, such as voice over IP (VoIP). NexTone's solutions enable carriers, service providers, and enterprises to securely, simply, and cost-effectively interconnect networks for end-to-end control and management of IP traffic.
Profile
NexTone Communications LinkedIn Company Profile
Social Media
NexTone Communications Company Twitter Account
Company News
NexTone Communications News
Facebook
NexTone Communications on Facebook
YouTube
NexTone Communications on YouTube

Management Team

Title
Name
Email & Social
Chairman
David Walsh
  David Walsh LinkedIn Profile  David Walsh Twitter Account  David Walsh News  David Walsh on Facebook
Chief Financial Officer
Joseph Kuhn
  Joseph Kuhn LinkedIn Profile  Joseph Kuhn Twitter Account  Joseph Kuhn News  Joseph Kuhn on Facebook
Chief Technical Officer
Sridhar Ramachandran
  Sridhar Ramachandran LinkedIn Profile  Sridhar Ramachandran Twitter Account  Sridhar Ramachandran News  Sridhar Ramachandran on Facebook
Vice President
Jeff Norton
  Jeff Norton LinkedIn Profile  Jeff Norton Twitter Account  Jeff Norton News  Jeff Norton on Facebook
VP - Bus. Development
John Gillespie
  John Gillespie LinkedIn Profile  John Gillespie Twitter Account  John Gillespie News  John Gillespie on Facebook
VP - Marketing
John Longo
  John Longo LinkedIn Profile  John Longo Twitter Account  John Longo News  John Longo on Facebook
VP - Operations
Ion Ionescu
  Ion Ionescu LinkedIn Profile  Ion Ionescu Twitter Account  Ion Ionescu News  Ion Ionescu on Facebook
VP - Sales
Patrick Joggerst
  Patrick Joggerst LinkedIn Profile  Patrick Joggerst Twitter Account  Patrick Joggerst News  Patrick Joggerst on Facebook

 

 

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Prev: 11/7/2005: Fovea Pharmaceuticals venture capital transaction
Next: 11/8/2005: Portola Pharmaceuticals venture capital transaction

 

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