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
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
Pleasanton, CA 94588
USA
Phone
Website
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.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 7/15/2003: Matrics venture capital transaction
Next: 7/17/2003: Tercica venture capital transaction
Share this article
Where The Data Comes From
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.
Additional Resources for Entrepreneurs