Tech Company Financing Transactions
TeleNav Funding Round
TeleNav, based in Santa Clara, secured $30 million from Menlo Ventures, Lehman Brothers Venture Partners and Sycamore Ventures.
Transaction Overview
Company Name
Announced On
3/1/2006
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series E
Investors
Proceeds Purpose
This new financing will be used to continue TeleNav's growth, supporting investments in product development, sales, marketing and product innovation.
Company Information
Company Status
Publicly-held
Industry
Wireless
Mailing Address
4655 Great America Pkwy. 300
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
TeleNav, Inc. (NASDAQ: TNAV) is North America's leading provider of wireless Location Based Services (LBS) which include services such as GPS Navigation, Mobile Resource Management, Asset Tracking and other LBS services.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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