Tech Company Financing Transactions
Avaak Funding Round
On 10/2/2008, Avaak raised $7 million in Series A investment from Trinity Ventures, InterWest Partners and Leapfrog Ventures.
Transaction Overview
Company Name
Announced On
10/2/2008
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series A
Investors
Proceeds Purpose
The capital will support product development, marketing, and sales of Avaak's new and unique consumer product, scheduled for release in early 2009.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
9645 Scranton Rd. 110
San Diego, CA 92121
USA
San Diego, CA 92121
USA
Phone
Website
Email Address
Overview
Our goal is to be the world leader in the market for intelligent ad-hoc video networks that are completely un-tethered to (or unconstrained by) existing power, network and carrier infrastructures.
Management Team
Title
Name
Email & Social
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Prev: 10/1/2008: Digini venture capital transaction
Next: 10/2/2008: Redwood Systems venture capital transaction
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