Tech Company Financing Transactions

Meru Networks Funding Round

Bluestem Ventures, Clearstone Venture Partners and Evercore joined a $12 million Series C venture round for Meru Networks. This VC investment round was announced on 6/15/2005.

Transaction Overview

Company Name
Meru Networks
Announced On
6/15/2005
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series C
Investors

Bluestem Ventures (Lead Investor) (Thomas Erickson)

Clearstone Venture Partners (William Quigley)

Evercore

Monitor Ventures

NeoCarta Ventures (Andre Turenne)

Proceeds Purpose
The new round of funding will be used to continue scaling Meru's sales force to address the company's key market opportunities for Voice over IP and Wireless LANs.

Company Information

Company Status
Acquired or Merged
Industry
Networking
Mailing Address
894 Ross Drive
Sunnyvale, CA 94089
USA
Phone
(408) 215-5300
Website
www.merunetworks.com
Email Address
[email protected]
Overview
Meru Networks is the global leader in wireless infrastructure solutions that enable the All-Wireless Enterprise.
Profile
Meru Networks LinkedIn Company Profile
Social Media
Meru Networks Company Twitter Account
Company News
Meru Networks News
Facebook
Meru Networks on Facebook
YouTube
Meru Networks on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Bami Bastani
  Bami Bastani LinkedIn Profile  Bami Bastani Twitter Account  Bami Bastani News  Bami Bastani on Facebook
VP - Bus. Development
Sarosh Vesuna
  Sarosh Vesuna LinkedIn Profile  Sarosh Vesuna Twitter Account  Sarosh Vesuna News  Sarosh Vesuna on Facebook
VP - Operations
Keith Matasci
  Keith Matasci LinkedIn Profile  Keith Matasci Twitter Account  Keith Matasci News  Keith Matasci on Facebook
VP - Sales
Larry Vaughan
  Larry Vaughan LinkedIn Profile  Larry Vaughan Twitter Account  Larry Vaughan News  Larry Vaughan on Facebook

 

 

Browse more venture capital transactions:

Prev: 6/15/2005: TimeSys Secures venture capital transaction
Next: 6/15/2005: VeriWave venture capital transaction

 

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