Tech Company Financing Transactions

W5 Networks Funding Round

W5 Networks, operating out of Sunnyvale, secured $12 million from Frazier Technology Ventures, Thomas Weisel Venture Partners and U.S. Venture Partners.

Transaction Overview

Company Name
Announced On
11/16/2006
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series B
Investors

Frazier Technology Ventures (Lead Investor) (Paul Bialek)

Thomas Weisel Venture Partners (Mangesh Pimpalkhare)

U.S. Venture Partners (Paul Matteucci)

Proceeds Purpose
The new capital will fund continued development and enhancement of the W5 Electronic Shelf Label system.

Company Information

Company Status
Out of Business
Industry
Wireless
Mailing Address
1156 Sonora Court
Sunnyvale, CA 94086
USA
Email Address
Overview
w5 Networks develops wireless applications optimized for the retail industry. Its initial product is an end-to-end Electronic Shelf Label (ESL) solution based on revolutionary radio architecture.
Profile
W5 Networks LinkedIn Company Profile
Social Media
W5 Networks Company Twitter Account
Company News
W5 Networks News
Facebook
W5 Networks on Facebook
YouTube
W5 Networks on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Joel Dedrick
  Joel Dedrick LinkedIn Profile  Joel Dedrick Twitter Account  Joel Dedrick News  Joel Dedrick on Facebook
Chief Technical Officer
Chuck Neugebauer
  Chuck Neugebauer LinkedIn Profile  Chuck Neugebauer Twitter Account  Chuck Neugebauer News  Chuck Neugebauer on Facebook
VP - Engineering
Jerry Butler
  Jerry Butler LinkedIn Profile  Jerry Butler Twitter Account  Jerry Butler News  Jerry Butler on Facebook
VP - Marketing
Nello Franco
  Nello Franco LinkedIn Profile  Nello Franco Twitter Account  Nello Franco News  Nello Franco on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/15/2006: dLife venture capital transaction
Next: 11/16/2006: Neurotech Pharmaceuticals venture capital transaction

 

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Where The Data Comes From

Our team works diligently to document every notable VC transaction. VC transactions reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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