Tech Company Financing Transactions

GainSpan Funding Round

GainSpan, operating out of San Jose, secured $20 million from Opus Capital, Intel Capital and New Venture Partners.

Transaction Overview

Company Name
GainSpan
Announced On
12/19/2007
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors

Opus Capital (Lead Investor) (Carl Showalter)

Intel Capital

New Venture Partners (Stephen Socolof)

OVP Venture Partners (John Hull)

Sigma Prime Ventures (Larry Finch)

Proceeds Purpose
GainSpan will use the additional funding for continued technology innovation, global business expansion and new market penetration. The company plans to expand its global sales and marketing force and will target several new and emerging markets beyond its initial industrial and commercial automation focus. Funds will also be used for product development, both to expand its Wi-Fi semiconductor product family and to continue developing solutions around both software and silicon architectures.

Company Information

Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
3590 North 1st St. 300
San Jose, CA 95134
USA
Phone
(408) 627-6500
Website
www.gainspan.com
Email Address
[email protected]
Overview
GainSpan is an industry leader in IoT Solutions, with a broad portfolio of state-of-the-art low-power Wi-Fi modules and chips, plus drivers, software, development tools and comprehensive customer support offering turnkey solutions for the connected world.
Profile
GainSpan LinkedIn Company Profile
Social Media
GainSpan Company Twitter Account
Company News
GainSpan News
Facebook
GainSpan on Facebook
YouTube
GainSpan on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Greg Winner
  Greg Winner LinkedIn Profile  Greg Winner Twitter Account  Greg Winner News  Greg Winner on Facebook
Chief Financial Officer
Michael Hutchinson
  Michael Hutchinson LinkedIn Profile  Michael Hutchinson Twitter Account  Michael Hutchinson News  Michael Hutchinson on Facebook
Vice President
Pankaj Vyas
  Pankaj Vyas LinkedIn Profile  Pankaj Vyas Twitter Account  Pankaj Vyas News  Pankaj Vyas on Facebook
VP - Marketing
Brent Little
  Brent Little LinkedIn Profile  Brent Little Twitter Account  Brent Little News  Brent Little on Facebook
VP - Marketing
Richard Najarian
  Richard Najarian LinkedIn Profile  Richard Najarian Twitter Account  Richard Najarian News  Richard Najarian on Facebook
VP - Sales
Bob Twomey
  Bob Twomey LinkedIn Profile  Bob Twomey Twitter Account  Bob Twomey News  Bob Twomey on Facebook

 

 

Browse more venture capital transactions:

Prev: 12/19/2007: Ceelite venture capital transaction
Next: 12/19/2007: SensorTran venture capital transaction

 

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