Tech Company Financing Transactions
Brix Networks Funding Round
Brix Networks secured a $8.1 million Series D funding round on 11/18/2003. Investors included CRV, Fuse Capital and Partech Partners.
Transaction Overview
Company Name
Announced On
11/18/2003
Transaction Type
Venture Equity
Amount
$8,100,000
Round
Series D
Investors
Proceeds Purpose
The new round of capital will be used to help strengthen, expand, and accelerate Brix Networks' worldwide sales and distribution capabilities, plus fund the growing firm through to profitability, which company officials forecast will occur in 2004.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
285 Mill Rd.
Chelmsford, MA 01824
USA
Chelmsford, MA 01824
USA
Phone
Website
Email Address
Not Recorded
Overview
Brix Networks is the trusted provider of real-time performance management and service assurance solutions that allow carriers, service providers, cable companies, large enterprises, and government agencies to build, operate, and assure their VoIP networks and services.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 11/17/2003: ASIP venture capital transaction
Next: 11/18/2003: Native Networks venture capital transaction
Share this article
About Database of VC Transactions
We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs