Tech Company Financing Transactions

FlexLight Networks Funding Round

Accel Partners, Concord Ventures and Vesbridge Partners invested in a $17 million Series C venture round for FlexLight Networks. The financing round closed on 7/16/2003.

Transaction Overview

Company Name
Announced On
7/16/2003
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series C
Investors

Accel Partners (Lead Investor) (Joseph Golden)

Concord Ventures

Vesbridge Partners (William Cadogan)

Proceeds Purpose
This round of investment will allow us to expand our sales, marketing and R&D efforts in order to further our market leadership.

Company Information

Company Status
Out of Business
Industry
Networking
Mailing Address
6150 Stoneridge Mall Road 365
Pleasanton, CA 94588
USA
Email Address
Overview
Optimate is FlexLight's economical Gigabit PON (GPON) solution, which readily addresses the service providers' need for economical and reliable voice, data and video access over a single fiber access facility.
Profile
FlexLight Networks LinkedIn Company Profile
Social Media
FlexLight Networks Company Twitter Account
Company News
FlexLight Networks News
Facebook
FlexLight Networks on Facebook
YouTube
FlexLight Networks on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Armando Pereira
  Armando Pereira LinkedIn Profile  Armando Pereira Twitter Account  Armando Pereira News  Armando Pereira on Facebook
Chief Technical Officer
Oren Marmur
  Oren Marmur LinkedIn Profile  Oren Marmur Twitter Account  Oren Marmur News  Oren Marmur on Facebook
VP - Operations
Guy Shamir
  Guy Shamir LinkedIn Profile  Guy Shamir Twitter Account  Guy Shamir News  Guy Shamir on Facebook
VP - Sales
Craig Hall
  Craig Hall LinkedIn Profile  Craig Hall Twitter Account  Craig Hall News  Craig Hall on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/15/2003: Matrics venture capital transaction
Next: 7/17/2003: Tercica venture capital transaction

 

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We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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