Tech Company Financing Transactions
VeriVue Funding Round
Sigma Prime Ventures and private investors invested in a $20 million Series C venture round for VeriVue. The financing round was announced on 9/9/2009.
Transaction Overview
Company Name
Announced On
9/9/2009
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series C
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
3 Carlisle Road
Westford, MA 01886
USA
Westford, MA 01886
USA
Phone
Website
Email Address
Overview
The growth and popularity of digital media has created a whole new set of challenges for network operators. Delivering large files at high bit rates from ever-expanding content libraries drives rapid and unpredictable growth in video traffic. Traditional server-based delivery methods are becoming less effective, more costly and they only exacerbate the network connectivity problem.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jim Dolce
Chief Financial Officer
Mark Nasiff
Chief Scientific Officer
Larry Peterson
Chief Technical Officer
Mike Hluchyj
VP - Engineering
Christopher Lawler
VP - Human Resources
Ann Laporte
VP - Manufacturing
Carl Simone
VP - Sales
Hank King
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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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