Tech Company Financing Transactions
Hatteras Networks Funding Round
Hatteras Networks, based in Durham, raised $11 million in funding from Columbia Capital, Fuse Capital and Grotech Ventures.
Transaction Overview
Company Name
Announced On
3/31/2005
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
523 Davis Dr 500
Durham, NC 27713
USA
Durham, NC 27713
USA
Phone
Website
Email Address
Overview
Hatteras Networks came into existence to develop equipment to enable carriers and service providers to deliver high-bandwidth reliable business services to business locations that are not served by fiber. This large opportunity is fueled by the very large bandwidth and services gap that currently exists between a traditional T1/E1 service and next-generation fiber-based services.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kevin Sheehan
President
Jeff White
VP - Engineering
Matt Squire
VP - Engineering
Mark Ventura
VP - Operations
Barry Shapiro
Browse more venture capital transactions:
Prev: 3/31/2005: Jobster venture capital transaction
Next: 3/31/2005: Beceem Communications venture capital transaction
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