Tech Company Financing Transactions
Azure Solutions Funding Round
On 6/16/2005, Azure Solutions raised $15 million in investment from DH Private Equity Partners and Intel Capital.
Transaction Overview
Company Name
Announced On
6/16/2005
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
DH Private Equity Partners (Lead Investor) (Jerry Ennis)
Intel Capital (Damien Callaghan)
Proceeds Purpose
The funding will be used to develop further Azure's next-generation telecoms revenue-assurance portfolio and accelerate the company's geographic expansion across the Americas and Asia Pacific. Additionally, Jerry Ennis, at Doughty Hanson Technology Ventures will be joining Azure's board of directors.
Company Information
Company Status
Acquired or Merged
Industry
Communications
Mailing Address
12-15 Finsbury Circus Finsbury Circus House
London, EC2M 7BT
UK
London, EC2M 7BT
UK
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Azure enables communications operators worldwide to reduce losses and safeguard profits from malicious and unintentional revenue leakage.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Cronin
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We record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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