Tech Company Financing Transactions

Affirmed Networks Funding Round

Affirmed Networks secured a $52 million funding round on 11/12/2012. Backers included CRV, Deutsche Telekom Capital Partners and Lightspeed Venture Partners.

Transaction Overview

Company Name
Announced On
11/12/2012
Transaction Type
Venture Equity
Amount
$52,000,000
Round
Undisclosed
Proceeds Purpose
Proceeds purposes were not disclosed, however the company emerged from stealth mode and is in trials with several mobile operators for its technology.

Company Information

Company Status
Acquired or Merged
Industry
Wireless
Mailing Address
35 Nagog Park
Acton, MA 01720
USA
Email Address
Overview
Mobile network operators face a challenging future: more network traffic, more competition, and less time to roll out new services. Affirmed Networks helps operators say yes to the future with virtualized network solutions that reduce complexity and cost, scale efficiently, and accelerate time-to-market to increase their competitive advantage.
Profile
Affirmed Networks LinkedIn Company Profile
Social Media
Affirmed Networks Company Twitter Account
Company News
Affirmed Networks News
Facebook
Affirmed Networks on Facebook
YouTube
Affirmed Networks on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Hassan Ahmed
  Hassan Ahmed LinkedIn Profile  Hassan Ahmed Twitter Account  Hassan Ahmed News  Hassan Ahmed on Facebook
Chief Financial Officer
Denis Cashman
  Denis Cashman LinkedIn Profile  Denis Cashman Twitter Account  Denis Cashman News  Denis Cashman on Facebook
VP - Engineering
Anand Krishnamurthy
  Anand Krishnamurthy LinkedIn Profile  Anand Krishnamurthy Twitter Account  Anand Krishnamurthy News  Anand Krishnamurthy on Facebook
VP - Engineering
Amit Tiwari
  Amit Tiwari LinkedIn Profile  Amit Tiwari Twitter Account  Amit Tiwari News  Amit Tiwari on Facebook
VP - Finance
George Hale
  George Hale LinkedIn Profile  George Hale Twitter Account  George Hale News  George Hale on Facebook
VP - Operations
Mohammed Shanableh
  Mohammed Shanableh LinkedIn Profile  Mohammed Shanableh Twitter Account  Mohammed Shanableh News  Mohammed Shanableh on Facebook
VP - Product Management
Ashwin Moranganti
  Ashwin Moranganti LinkedIn Profile  Ashwin Moranganti Twitter Account  Ashwin Moranganti News  Ashwin Moranganti on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/12/2012: Swrve venture capital transaction
Next: 11/12/2012: DoubleDutch venture capital transaction

 

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About Database of VC Transactions

We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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