Tech Company Financing Transactions

Aktino Funding Round

Crosspoint Venture Partners, Foundation Capital and Innocal Venture Capital participated in a $14.2 million Series C venture round for Aktino. The round was announced on 8/17/2008.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C
Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Acquired or Merged
Mailing Address
18551 Von Karman Ave. 201
Irvine, CA 92612
Email Address
Aktino, Inc. is a private (funded in 2003) telecommunications equipment vendor based in Irvine, CA. Founded by a group of executives from PairGain Technologies, Aktino is led by a top-tier management team from companies such as PairGain, Nokia, Alcatel, ADC, Globespan Virata, among others.
Aktino LinkedIn Company Profile
Social Media
Aktino Company Twitter Account
Company News
Aktino News
Aktino on Facebook
Aktino on YouTube

Management Team

Email & Social
Chief Executive Officer
Lonnie Martin
  Lonnie Martin LinkedIn Profile  Lonnie Martin Twitter Account  Lonnie Martin News  Lonnie Martin on Facebook
Chief Technical Officer
Ben Itri
  Ben Itri LinkedIn Profile  Ben Itri Twitter Account  Ben Itri News  Ben Itri on Facebook
Ray Nagele
  Ray Nagele LinkedIn Profile  Ray Nagele Twitter Account  Ray Nagele News  Ray Nagele on Facebook
Michail Tsatsanis
  Michail Tsatsanis LinkedIn Profile  Michail Tsatsanis Twitter Account  Michail Tsatsanis News  Michail Tsatsanis on Facebook
Vice President
Charles Evans
  Charles Evans LinkedIn Profile  Charles Evans Twitter Account  Charles Evans News  Charles Evans on Facebook
VP - Bus. Development
Bethe Strickland
  Bethe Strickland LinkedIn Profile  Bethe Strickland Twitter Account  Bethe Strickland News  Bethe Strickland on Facebook
VP - Engineering
Willen Lao
  Willen Lao LinkedIn Profile  Willen Lao Twitter Account  Willen Lao News  Willen Lao on Facebook
VP - Marketing
Hossam Salib
  Hossam Salib LinkedIn Profile  Hossam Salib Twitter Account  Hossam Salib News  Hossam Salib on Facebook
VP - Sales
Jim Lang
  Jim Lang LinkedIn Profile  Jim Lang Twitter Account  Jim Lang News  Jim Lang on Facebook



Browse more venture capital transactions:

Prev: 8/15/2008: Gamelayers venture capital transaction
Next: 8/18/2008: Segway venture capital transaction


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We do our best to record every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with, an affiliated venture.


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