Tech Company Financing Transactions

Nistica Funding Round

On 2/25/2008, Nistica announced $10 million in Series B funding from Battelle Ventures, Innovation Valley Partners and New Jersey Economic Development Authority.

Transaction Overview

Company Name
Nistica
Announced On
2/25/2008
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors

Battelle Ventures (Lead Investor) (Ralph Taylor-Smith)

Innovation Valley Partners (Lead Investor)

New Jersey Economic Development Authority

Novitas Capital (Michael Bolton)

Technology Venture Partners (Bryson Hollimon)

Proceeds Purpose
The current round will enable the company to scale production, introduce products and expand customer support.

Company Information

Company Status
Acquired or Merged
Industry
Networking
Mailing Address
745 Route 202-206
Bridgewater, NJ 08807
USA
Phone
(908) 707-9500
Website
www.nistica.com
Email Address
[email protected]
Overview
Nistica is the first optical networking company to develop a new class of lean, intelligent, low-cost subsystems for automating the edge of optical networks.
Profile
Nistica LinkedIn Company Profile
Social Media
Nistica Company Twitter Account
Company News
Nistica News
Facebook
Nistica on Facebook
YouTube
Nistica on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ashish Vengsarkar
  Ashish Vengsarkar LinkedIn Profile  Ashish Vengsarkar Twitter Account  Ashish Vengsarkar News  Ashish Vengsarkar on Facebook
Chief Operating Officer
Frank Smith
  Frank Smith LinkedIn Profile  Frank Smith Twitter Account  Frank Smith News  Frank Smith on Facebook
Chief Technical Officer
Thomas Strasser
  Thomas Strasser LinkedIn Profile  Thomas Strasser Twitter Account  Thomas Strasser News  Thomas Strasser on Facebook
VP - Engineering
Jefferson Wagener
  Jefferson Wagener LinkedIn Profile  Jefferson Wagener Twitter Account  Jefferson Wagener News  Jefferson Wagener on Facebook
VP - Finance
Joanne Bisconti
  Joanne Bisconti LinkedIn Profile  Joanne Bisconti Twitter Account  Joanne Bisconti News  Joanne Bisconti on Facebook
VP - Operations
Steven Robinson
  Steven Robinson LinkedIn Profile  Steven Robinson Twitter Account  Steven Robinson News  Steven Robinson on Facebook

 

 

Browse more venture capital transactions:

Prev: 2/25/2008: Radar Networks venture capital transaction
Next: 2/25/2008: GeoLearning venture capital transaction

 

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