Tech Company Financing Transactions
Iamba Networks Funding Round
Iamba Networks secured a $7 million funding round on 5/6/2008. Investors included Cedar Fund, Giza Capital and Pitango Venture Capital.
Transaction Overview
Company Name
Announced On
5/6/2008
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors
Proceeds Purpose
iamba Networks will use the funding to enhance its product portfolio, increase the Sales and Customer Support teams, and expand its reach to new regions.
Company Information
Company Status
Out of Business
Industry
Networking
Mailing Address
19925 Stevens Creek Blvd.
Cupertino, CA 95014
USA
Cupertino, CA 95014
USA
Phone
Website
Email Address
Overview
The company has been active in the PON (Passive Optical Networks) market since its inception and since late 2004 has focused on GPON (Gigabit-PON), planning to deliver a complete GPON end-to-end solution in early in 2006. This move positions Iamba as one of the early players in the emerging huge and global GPON market and gives it a significant time-to-market advantage.
Management Team
Title
Name
Email & Social
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