Tech Company Financing Transactions
World Wide Packets Funding Round
Ardesta, Azure Capital Partners and Entrepia participated in a $25.5 million capital raise for World Wide Packets. This VC investment round was announced on 12/5/2005.
Transaction Overview
Company Name
Announced On
12/5/2005
Transaction Type
Venture Equity
Amount
$25,500,000
Round
Undisclosed
Proceeds Purpose
The proceeds from this financing will enable World Wide Packets to further develop its innovative Carrier Ethernet solutions, increase its sales capacity and product adoption with carriers, as well as expand its international market base.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
115 North Sullivan Road
Spokane Valley, WA 99037
USA
Spokane Valley, WA 99037
USA
Phone
Website
Email Address
Not Recorded
Overview
World Wide Packets is the pioneering solutions provider for Ethernet broadband Fiber to the Subscriber connectivity. World Wide Packets LightningEdge offering enables a complete, fully standard-based access solution for business and residential subscribers, providing the most cost competitive broadband solution for the integrated delivery of voice, video, and data services.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dave Curry
Chief Operating Officer
Matthew Frey
Chief Technical Officer
Kevin Daines
VP - Engineering
Michael Nielsen
VP - Marketing
Chad Whalen
VP - Operations
Scott McMillan
Browse more venture capital transactions:
Prev: 12/5/2005: BigFix venture capital transaction
Next: 12/5/2005: GenomeQuest venture capital transaction
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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