Tech Company Financing Transactions
Tachyon Networks Funding Round
Cornerstone Holdings and Seaport Capital participated in a $7 million capital raise for Tachyon Networks. The financing round was announced on 6/1/2005.
Transaction Overview
Company Name
Announced On
6/1/2005
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Tachyon will utilize this financing to continue to expand its global footprint to additional key business markets in Asia, the Pacific Rim, Latin America and Africa and to further scale its internal operations and systems to better support the significant customer growth it anticipates as a result of this expansion.
Company Information
Company Status
Private & Independent
Industry
Networking
Mailing Address
9339 Carroll Park Dr. 150
San Diego, CA 92121
USA
San Diego, CA 92121
USA
Phone
Website
Email Address
Overview
Tachyon Networks, a single-source provider of global satellite technology solutions and services, offers the reliability and performance of terrestrial network services for remote Internet and private data network access and network backup solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter Carides
Browse more venture capital transactions:
Prev: 5/31/2005: Oxlo Systems venture capital transaction
Next: 6/2/2005: ONStor venture capital transaction
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. All VC database entries 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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