Tech Company Financing Transactions
Vernier Networks Funding Round
Vernier Networks, operating out of Mountain View, scored $26 million in funding from Venrock, Allegis Capital and DCM Ventures.
Transaction Overview
Company Name
Announced On
10/19/2005
Transaction Type
Debt
Amount
$26,000,000
Round
Series E
Investors
Venrock (Lead Investor) (Raymond Rothrock)
Proceeds Purpose
With an additional $5 million raised in debt financing from Silicon Valley Bank and Gold Hill Capital., the $26 million cash infusion will be used for strengthening Vernier distribution channels, enhancing Vernier's award-winning EdgeWall platform, as well as expanding Vernier Threat Labs.
Company Information
Company Status
Out of Business
Industry
Networking
Mailing Address
490 E. Middlefield Road
Mountain View, CA 94040
USA
Mountain View, CA 94040
USA
Phone
Website
Email Address
Not Recorded
Overview
Vernier Networks offers the industry's only clientless network access management products that enable enterprises to assure business continuity.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Simon Khalaf
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Next: 10/20/2005: Alinea Pharmaceuticals venture capital transaction
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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