Tech Company Financing Transactions

Avega Systems Funding Round

Cisco Investments, Rally Ventures and Technology Venture Partners joined a $7 million Series B funding round for Avega Systems. The funding round was recorded on 4/17/2007.

Transaction Overview

Company Name
Announced On
4/17/2007
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series B
Investors

Cisco Investments (Lead Investor)

Rally Ventures (Daniel Siazon)

Technology Venture Partners (John Murray)

Proceeds Purpose
The financing will fuel the growth of Avega Systems and accelerate technology development and marketing activities. The firm also plans to step up efforts in building strategic partnerships for its networked media distribution platform with established North American, European and Asian brand partners.

Company Information

Company Status
Out of Business
Industry
Networking
Mailing Address
800 W El Camino Real 180
Mountain View, CA 94040
USA
Email Address
Overview
Avega Systems was founded in 2004 by Wi-Fi pioneers and CE industry veterans. The Company is focused on developing next generation distributed, networked home entertainment solutions based on established and emerging networking technologies.
Profile
Avega Systems LinkedIn Company Profile
Social Media
Avega Systems Company Twitter Account
Company News
Avega Systems News
Facebook
Avega Systems on Facebook
YouTube
Avega Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Tom Celinski
  Tom Celinski LinkedIn Profile  Tom Celinski Twitter Account  Tom Celinski News  Tom Celinski on Facebook


 

 

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Prev: 4/16/2007: Sepaton venture capital transaction
Next: 4/17/2007: Shocking Technologies venture capital transaction

 

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About Our Venture Capital Transactions Database

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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