Tech Company Financing Transactions

Engim Funding Round

Engim, based in Acton, received $18.5 million in investment from Benchmark Capital, Adams Harkness Ventures and Bessemer Venture Partners.

Transaction Overview

Company Name
Announced On
8/19/2003
Transaction Type
Venture Equity
Amount
$18,500,000
Round
Series B
Proceeds Purpose
It will use the new funding to advance product development and to expand the marketing and sales team at the 50-person company. Staff is expected to increase by 10% to 20% over the next year or so.

Company Information

Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
40 Nagog Park
Acton, MA 01720
USA
Website
Email Address
Not Recorded
Overview
Engim provides a fast engine for wireless networking. The fabless company designs chips and chipsets used in wireless local-area network (WLAN) equipment.
Profile
Engim LinkedIn Company Profile
Social Media
Engim Company Twitter Account
Company News
Engim News
Facebook
Engim on Facebook
YouTube
Engim on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nick Finamore
  Nick Finamore LinkedIn Profile  Nick Finamore Twitter Account  Nick Finamore News  Nick Finamore on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/15/2003: Endocyte venture capital transaction
Next: 8/19/2003: NuGEN Technologies venture capital transaction

 

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We do our best to document every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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