Tech Company Financing Transactions
Firecell Funding Round
Matterwave Ventures, Ventech and Bouygues Telecom invested in a $7.1 million Seed venture round for Firecell. The funding round was announced on 4/1/2024.
Transaction Overview
Company Name
Announced On
4/1/2024
Transaction Type
Venture Equity
Amount
$7,100,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to: Develop a new range of products with new features such as geolocation and protection against cyber-attacks. Deploy its offering in Europe, notably in Germany, where the startup is establishing a subsidiary. Recruit around fifteen people (sales, R&D, etc.).
Company Information
Company Status
Private & Independent
Industry
Telecom
Mailing Address
10 allée de la Palmeraie
Nice, 06300
France
Nice, 06300
France
Phone
Undisclosed
Website
Email Address
Overview
We aim at democratizing Private Networks so that they can benefit all enterprises, whatever their size. We believe open source is the way forward in telecom and we thrive at helping the whole industry reduce the complexity and the cost of private network deployments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Claude Seyrat
Chief Scientific Officer
Sandrine Legrand
Chief Technical Officer
Cedric Thienot
VP - Bus. Development
Ulla Saari
VP - General Counsel
Olivier Dhotel
VP - Product Management
Bartolo Scanavino
Browse more venture capital transactions:
Prev: 4/1/2024: Burnt (XION) venture capital transaction
Next: 4/1/2024: SeLux Diagnostics venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC transactions reported here come from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs