Tech Company Financing Transactions

Eka Systems Funding Round

Eka Systems, operating out of Germantown, received $18.5 million from Angeleno Group, RockPort Capital and The Westly Group.

Transaction Overview

Company Name
Announced On
7/8/2008
Transaction Type
Venture Equity
Amount
$18,500,000
Round
Series B
Investors
Proceeds Purpose
The company says it will use the money to expand its sales and marketing and its R&D capabilities.

Company Information

Company Status
Acquired or Merged
Industry
Wireless
Mailing Address
20201 Century Boulevard 250
Germantown, MD 20874
USA
Email Address
Overview
At Eka Systems, our embedded wireless sensor networking solutions are bringing precise energy monitoring and control within reach of a wide range of utility, commercial, and industrial customers. Whether you are considering advanced metering for energy management or fault isolation for outage management, our solutions are built to bring maximum value over the lifecycle of a deployed system.
Profile
Eka Systems LinkedIn Company Profile
Social Media
Eka Systems Company Twitter Account
Company News
Eka Systems News
Facebook
Eka Systems on Facebook
YouTube
Eka Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Dave Pauken
  Dave Pauken LinkedIn Profile  Dave Pauken Twitter Account  Dave Pauken News  Dave Pauken on Facebook
Founder
M.B. Anand
  M.B. Anand LinkedIn Profile  M.B. Anand Twitter Account  M.B. Anand News  M.B. Anand on Facebook
Founder
Prakash Chakravarthi
  Prakash Chakravarthi LinkedIn Profile  Prakash Chakravarthi Twitter Account  Prakash Chakravarthi News  Prakash Chakravarthi on Facebook
VP - Engineering
Greg Bartolomei
  Greg Bartolomei LinkedIn Profile  Greg Bartolomei Twitter Account  Greg Bartolomei News  Greg Bartolomei on Facebook
VP - Finance
Jeff Ochs
  Jeff Ochs LinkedIn Profile  Jeff Ochs Twitter Account  Jeff Ochs News  Jeff Ochs on Facebook
VP - Sales
Brent Kassing
  Brent Kassing LinkedIn Profile  Brent Kassing Twitter Account  Brent Kassing News  Brent Kassing on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/8/2008: iWatt venture capital transaction
Next: 7/8/2008: Corefino venture capital transaction

 

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About Our VC Transactions Data

We do our best to report on funding rounds that are announced publicly. VC transactions reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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