Tech Company Financing Transactions
Hatteras Networks Funding Round
Hatteras Networks secured a $21 million investment round on 6/5/2006. Investors included Globespan Capital Partners, Columbia Capital and Fuse Capital.
Transaction Overview
Company Name
Announced On
6/5/2006
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Undisclosed
Investors
Globespan Capital Partners (Lead Investor) (Andrew Goldfarb)
Proceeds Purpose
We are now positioned to accelerate our global leadership in the Mid-Band Ethernet market.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
523 Davis Dr 500
Durham, NC 27713
USA
Durham, NC 27713
USA
Phone
Website
Email Address
Overview
Hatteras Networks came into existence to develop equipment to enable carriers and service providers to deliver high-bandwidth reliable business services to business locations that are not served by fiber. This large opportunity is fueled by the very large bandwidth and services gap that currently exists between a traditional T1/E1 service and next-generation fiber-based services.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kevin Sheehan
President
Jeff White
VP - Engineering
Matt Squire
VP - Engineering
Mark Ventura
VP - Operations
Barry Shapiro
Browse more venture capital transactions:
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