Tech Company Financing Transactions
Airbiquity Funding Round
On 1/22/2008, Airbiquity received $25 million in financing from Ignition Partners.
Transaction Overview
Company Name
Announced On
1/22/2008
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Ignition Partners (Lead Investor) (Steven Hooper )
Proceeds Purpose
The new funds will be used primarily to support Airbiquity's new and existing customers in their global expansion initiatives. Airbiquity will also use the funding to enter into the personal navigation device (PND) market and to bolster the development of the company's VIAaq managed data service which they announced in May 2007.
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
1191 Second Ave. 1900
Seattle, WA 98101
USA
Seattle, WA 98101
USA
Phone
Website
Email Address
Overview
Airbiquity is a global leader in vehicle telematics, geofencing, and connected car systems, with more than four million connected vehicles on the road.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kamyar Moinzadeh
Chief Financial Officer
John Atherly
VP - Engineering
Showket Sofi
VP - Engineering
John Tuttle
VP - Engineering
Bheem Zhade
VP - General Counsel
Jeffry Shelby
VP - Marketing
Scott Frank
VP - Operations
Darren Mann
VP - Operations
Kevin Muzzy
VP - Product Management
Keefe Leung
VP - Regulatory Affairs
Richard Rosenthal
VP - Sales
David Jumpa
VP - Sales
Georg Mueller
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We do our best to document all VC transactions involving tech companies. VC investment data records on this site are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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