Tech Company Financing Transactions
Axerra Networks Funding Round
On 3/1/2005, Axerra Networks announced $4.1 million in Series A financing from Medtronic and Signal Peak Ventures.
Transaction Overview
Company Name
Announced On
3/1/2005
Transaction Type
Venture Equity
Amount
$4,100,000
Round
Series A
Investors
Medtronic (Michael DeMane)
Signal Peak Ventures (Dinesh Patel)
Proceeds Purpose
The funds will be used to accelerate Axial Biotech's ongoing product development efforts, which are initially focused on improving the diagnosis and treatment of idiopathic scoliosis.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
411 Waverley Oaks Rd. 331
Waltham, MA 02452
USA
Waltham, MA 02452
USA
Phone
Website
Email Address
Overview
Axerra Networks is the leading provider of circuit emulation and service emulation solutions over packet access networks. Axerra's Pseudo-Wire solutions enable mobile wireless operators, cable operators, competitive service providers, and incumbent carriers to extend IP plus legacy data and voice services in native format over Ethernet, IP, and MPLS networks.
Management Team
Title
Name
Email & Social
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