Tech Company Financing Transactions

Axsun Technologies Funding Round

Axsun Technologies closed a $15 million Series D funding round on 11/7/2006. Investors included Electro Scientific Industries, Bridge Bank and Prism VentureWorks.

Transaction Overview

Company Name
Announced On
11/7/2006
Transaction Type
Debt
Venture Equity
Amount
$15,000,000
Round
Series D
Investors

Electro Scientific Industries (Lead Investor) (Steven Harris)

Bridge Bank

Prism VentureWorks (William Seifert)

VantagePoint Capital Partners (David Fries)

Proceeds Purpose
Funds proceeds will be used to expand MEMS-based offerings in industrial process spectroscopy, Homeland Security and optical communications.

Company Information

Company Status
Acquired or Merged
Industry
Electronics
Mailing Address
1 Fortune Dr.
Billerica, MA 01821
USA
Email Address
Overview
With an experienced, multi-disciplined team of engineering, manufacturing, and marketing professionals, Axsun Technologies, founded in 1999, is developing a bold new approach to the design and manufacture of miniaturized optical micro-instruments for a variety of industries.
Profile
Axsun Technologies LinkedIn Company Profile
Social Media
Axsun Technologies Company Twitter Account
Company News
Axsun Technologies News
Facebook
Axsun Technologies on Facebook
YouTube
Axsun Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Dale Flanders
  Dale Flanders LinkedIn Profile  Dale Flanders Twitter Account  Dale Flanders News  Dale Flanders on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/6/2006: Powerset venture capital transaction
Next: 11/7/2006: Zvents venture capital transaction

 

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