Tech Company Financing Transactions
TestQuest Funding Round
On 11/1/2005, TestQuest secured $7.5 million in financing from Gabriel Venture Partners and Norwest Venture Partners.
Transaction Overview
Company Name
Announced On
11/1/2005
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Undisclosed
Investors
Gabriel Venture Partners (Lead Investor) (Navin Chaddha)
Norwest Venture Partners (Lead Investor) (Promod Haque)
Proceeds Purpose
TestQuest will use the funding to further expand its presence in the fast-growing Asian market, advance its test automation technology, widen its portfolio of mobile and wireless solutions, and extend its leadership among the mobile and wireless industry worldwide.
Company Information
Company Status
Acquired or Merged
Industry
Electronics
Mailing Address
18976 Lake Dr
East Minneapolis, MN 55317
USA
East Minneapolis, MN 55317
USA
Phone
Website
Email Address
Overview
TestQuest, Inc. delivers automated test solutions for virtually any application or device in the pervasive computing industry, from cell phones, PDAs and tablets to devices with embedded technologies, including business process systems, smart appliances and automobiles.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Martin Hahn
VP - Operations
Tom Mills
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