Tech Company Financing Transactions
Clarus Systems Funding Round
On 6/14/2004, Clarus Systems raised $10 million in Series B financing from ForgePoint Capital, Mobius Venture Capital and Trinity Ventures.
Transaction Overview
Company Name
Announced On
6/14/2004
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Proceeds Purpose
With this funding, Clarus plans continued expansion of its engineering, sales, marketing and channel development efforts.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
2200 Bridge Pkwy. 101
Redwood City, CA 94065
USA
Redwood City, CA 94065
USA
Phone
Website
Email Address
Overview
Many enterprises are using the natural network upgrade cycle to convert telephony systems to IP from legacy Public Branch Exchanges (PBXs) and are experiencing tremendous cost savings and productivity improvements from doing so.
Management Team
Title
Name
Email & Social
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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