Tech Company Financing Transactions

Millennial Net Funding Round

Millennial Net closed a $15 million Series B venture capital round on 5/24/2004. Investors included Summerhill Venture Partners, General Catalyst Partners and Globespan Capital Partners.

Transaction Overview

Company Name
Announced On
5/24/2004
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors

Summerhill Venture Partners (Lead Investor) (James Orlando)

General Catalyst Partners (John Simon)

Globespan Capital Partners (Ullas Naik)

Kodiak Venture Partners (Michael O'Neill)

Proceeds Purpose
The new investment will support expanded sales, engineering and marketing initiatives.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
285 Billerica Rd.
Chelmsford, MA 01824
USA
Email Address
Overview
Millennial Net develops wireless sensor networking software, systems, and services that enable OEMs and systems integrators to quickly and cost-effectively implement wireless sensor networks.
Profile
Millennial Net LinkedIn Company Profile
Social Media
Millennial Net Company Twitter Account
Company News
Millennial Net News
Facebook
Millennial Net on Facebook
YouTube
Millennial Net on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Dieter Schill
  Dieter Schill LinkedIn Profile  Dieter Schill Twitter Account  Dieter Schill News  Dieter Schill on Facebook
Chief Technical Officer
Sokwoo Rhee
  Sokwoo Rhee LinkedIn Profile  Sokwoo Rhee Twitter Account  Sokwoo Rhee News  Sokwoo Rhee on Facebook


 

 

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Our team works diligently to report on every notable VC transaction. All VC database entries reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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