Tech Company Financing Transactions
Affirmed Networks Funding Round
On 6/5/2013, Affirmed Networks announced $51 million in Series C financing from Bessemer Venture Partners and private investors.
Transaction Overview
Company Name
Announced On
6/5/2013
Transaction Type
Venture Equity
Amount
$51,000,000
Round
Series C
Investors
Bessemer Venture Partners (Lead Investor) (Robert Goodman)
Proceeds Purpose
The funding positions the company to support multiple deployments and numerous trials throughout the world while expanding its carrier-grade virtualization solutions.
Company Information
Company Status
Acquired or Merged
Industry
Wireless
Mailing Address
35 Nagog Park
Acton, MA 01720
USA
Acton, MA 01720
USA
Phone
Website
Email Address
Overview
Mobile network operators face a challenging future: more network traffic, more competition, and less time to roll out new services. Affirmed Networks helps operators say yes to the future with virtualized network solutions that reduce complexity and cost, scale efficiently, and accelerate time-to-market to increase their competitive advantage.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hassan Ahmed
Chief Financial Officer
Denis Cashman
VP - Engineering
Anand Krishnamurthy
VP - Engineering
Amit Tiwari
VP - Finance
George Hale
VP - Operations
Mohammed Shanableh
VP - Product Management
Ashwin Moranganti
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About Database of VC Transactions
We do our best to report on funding rounds that are announced publicly. 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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