Tech Company Financing Transactions

Acme Packet Funding Round

Acme Packet closed a $15 million Series B venture capital round on 9/30/2003. Investors included Menlo Ventures, Advanced Technology Ventures and Canaan Partners.

Transaction Overview

Company Name
Acme Packet
Announced On
9/30/2003
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors

Menlo Ventures (Lead Investor)

Advanced Technology Ventures (Robert Hower)

Canaan Partners

Palo Alto Venture Partners

Proceeds Purpose
This investment comes on the heels of significant world-class customer and partner announcements including Global Crossing, Fusion Communications, Capcom International, Agsm Telecomunicazioni, BroadSoft, Lucent Technologies, MetaSwitch, Nissho Electronics, Sonus Networks and Sumitomo Corporation. The additional funding will allow the company to step-up the sales, support and enhancement of its Net-Net(TM) products in service provider IP networks around the globe.

Company Information

Company Status
Acquired or Merged
Industry
Networking
Mailing Address
100 Crosby Dr.
Bedford, MA 01730
USA
Phone
(781) 328-4400
Website
www.acmepacket.com
Email Address
[email protected]
Overview
Acme Packet is the leader in session border control solutions for delivering trusted, first-class unified communications and collaboration.
Profile
Acme Packet LinkedIn Company Profile
Social Media
Acme Packet Company Twitter Account
Company News
Acme Packet News
Facebook
Acme Packet on Facebook
YouTube
Acme Packet on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Andy Ory
  Andy Ory LinkedIn Profile  Andy Ory Twitter Account  Andy Ory News  Andy Ory on Facebook
Chief Financial Officer
Peter Minihane
  Peter Minihane LinkedIn Profile  Peter Minihane Twitter Account  Peter Minihane News  Peter Minihane on Facebook
Chief Marketing Officer
Marianne Budnik
  Marianne Budnik LinkedIn Profile  Marianne Budnik Twitter Account  Marianne Budnik News  Marianne Budnik on Facebook
Chief Technical Officer
Patrick MeLampy
  Patrick MeLampy LinkedIn Profile  Patrick MeLampy Twitter Account  Patrick MeLampy News  Patrick MeLampy on Facebook
VP - General Counsel
Matthew Cushing
  Matthew Cushing LinkedIn Profile  Matthew Cushing Twitter Account  Matthew Cushing News  Matthew Cushing on Facebook
VP - Operations
John Shields
  John Shields LinkedIn Profile  John Shields Twitter Account  John Shields News  John Shields on Facebook
VP - Sales
Dino Di Palma
  Dino Di Palma LinkedIn Profile  Dino Di Palma Twitter Account  Dino Di Palma News  Dino Di Palma on Facebook

 

 

Browse more venture capital transactions:

Prev: 9/30/2003: ProcurePoint Travel Solutions venture capital transaction
Next: 10/1/2003: ClearForest venture capital transaction

 

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