Tech Company Financing Transactions
Flash Networks Funding Round
Flash Networks closed a $15 million funding round on 10/19/2004. Investors included Viola Ventures, Greylock Partners and Pitango Venture Capital.
Transaction Overview
Company Name
Announced On
10/19/2004
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
Viola Ventures (Lead Investor) (Shlomo Dovrat)
Proceeds Purpose
The investment will be used to accelerate the Company's growth including product development, sales, and marketing programs. In addition, the Company announced that it has successfully finalized the acquisition of Niragongo, a leading provider of solutions for mobile Internet and the renaming of the new integrated company, as Unipier Ltd.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
3600 NJ-66 Jersey Shore Crossings 150
Neptune, NJ 07753
USA
Neptune, NJ 07753
USA
Phone
Website
Email Address
Overview
Flash Networks is a leading provider of optimization solutions that enable operators to improve RAN spectral efficiency, boost network speed, optimize video and web traffic and generate over-the-top revenues from the mobile Internet.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Liam Galin
Chief Executive Officer
Tomer Itah
Chief Technical Officer
Dror Shlomo
President
Ofer Gottfried
VP - Human Resources
Maya Norman
VP - R & D
Assaf Benedic
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Next: 10/19/2004: Evident Software venture capital transaction
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About Our Venture Capital Transactions Database
We do our best to report on all VC transactions involving tech companies. 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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