Tech Company Financing Transactions
Zeugma Systems Funding Round
Zeugma Systems, based in Richmond BC, raised $13.5 million from Granite Ventures and Ventures West.
Transaction Overview
Company Name
Announced On
5/24/2006
Transaction Type
Venture Equity
Amount
$13,500,000
Round
Undisclosed
Investors
Granite Ventures (Lead Investor) (Sam Kingsland)
Ventures West (Sam Znaimer)
Proceeds Purpose
The new funding will be used to continue with development of the company's first commercial system release, including hardware, software and early customer trials, as well as to ramp the company's sales and marketing capabilities.
Company Information
Company Status
Out of Business
Industry
Networking
Mailing Address
13571 Commerce Parkway 250
Richmond BC, V6V 2R2
Canada
Richmond BC, V6V 2R2
Canada
Phone
Website
Email Address
Overview
Zeugma Systems Inc. is a venture-backed company developing game-changing solutions for next generation broadband networks. The company has attracted a strong team of industry professionals from companies such as Sierra Wireless, Redback Networks, PMC-Sierra, Cisco Systems, Nortel Networks as well as a number of domain relevant startups.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Harries
Chief Technical Officer
Scott Reynolds
VP - Engineering
Mike Dreves
VP - Marketing
Kevin Walsh
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