Tech Company Financing Transactions

Bluesocket Funding Round

Menlo Ventures, Vesbridge Partners and Ascent Venture Partners participated in a $9 million Series C capital raise for Bluesocket. This VC investment round was announced on 2/24/2006.

Transaction Overview

Company Name
Announced On
2/24/2006
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Series C
Investors

Menlo Ventures (Lead Investor)

Vesbridge Partners (Lead Investor) (Zenas Hutcheson)

Ascent Venture Partners

Boulder Ventures

Proceeds Purpose
Bluesocket plans to use the additional funding for expansion of its sales and partner channels, marketing, and further development of its award-winning suite of open wireless security and management solutions.

Company Information

Company Status
Acquired or Merged
Industry
Networking
Mailing Address
52 Second Ave.
Burlington, MA 01803
USA
Email Address
Overview
Bluesocket Inc., a supplier of products that secure and manage wireless networks (WLANs).
Profile
Bluesocket LinkedIn Company Profile
Social Media
Bluesocket Company Twitter Account
Company News
Bluesocket News
Facebook
Bluesocket on Facebook
YouTube
Bluesocket on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mads Lillelund
  Mads  Lillelund LinkedIn Profile  Mads  Lillelund Twitter Account  Mads  Lillelund News  Mads  Lillelund on Facebook
Chief Financial Officer
Dan Hayes
  Dan Hayes LinkedIn Profile  Dan Hayes Twitter Account  Dan Hayes News  Dan Hayes on Facebook
VP - Engineering
Patrick Foy
  Patrick Foy LinkedIn Profile  Patrick Foy Twitter Account  Patrick Foy News  Patrick Foy on Facebook
VP - Sales
Chris Koeneman
  Chris Koeneman LinkedIn Profile  Chris Koeneman Twitter Account  Chris Koeneman News  Chris Koeneman on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/24/2006: Availigent venture capital transaction
Next: 2/27/2006: Terracotta venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to record every notable VC transaction. VC investment data records reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary