Tech Company Financing Transactions

Stoke Funding Round

Stoke, based in Santa Clara, secured $15 million from NetOne Systems, Reliance Technology Ventures Limited and DAG Ventures.

Transaction Overview

Company Name
Announced On
4/21/2009
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series D
Investors

NetOne Systems (Lead Investor)

Reliance Technology Ventures Limited (Lead Investor) (Harshal Shah)

DAG Ventures (Thomas Goodrich)

Integral Capital Partners

Kleiner Perkins Caufield & Byers (Matthew Murphy)

Pilot House Ventures Group (Stephen Beaver)

Sequoia Capital (Gaurav Garg)

Proceeds Purpose
The latest investment will be used to support the rapidly increasing installed base and commercial carrier trials with top tier carriers.

Company Information

Company Status
Acquired or Merged
Industry
Wireless
Mailing Address
5403 Betsy Ross Dr.
Santa Clara, CA 95054
USA
Email Address
Overview
The Stoke Session Exchange (SSX) is the industry's first multi-access convergence gateway designed since inception for stateful management of tens of thousands of secure, reliable, high-quality subscriber sessions over multiple network access types including Wi-Fi and WiMAX.
Profile
Stoke LinkedIn Company Profile
Social Media
Stoke Company Twitter Account
Company News
Stoke News
Facebook
Stoke on Facebook
YouTube
Stoke on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Vikash Varma
  Vikash Varma LinkedIn Profile  Vikash Varma Twitter Account  Vikash Varma News  Vikash Varma on Facebook
Founder
Randall Kruep
  Randall Kruep LinkedIn Profile  Randall Kruep Twitter Account  Randall Kruep News  Randall Kruep on Facebook
VP - Client Services
Ash Nanjia
  Ash Nanjia LinkedIn Profile  Ash Nanjia Twitter Account  Ash Nanjia News  Ash Nanjia on Facebook
VP - Operations
Paul Cianci
  Paul Cianci LinkedIn Profile  Paul Cianci Twitter Account  Paul Cianci News  Paul Cianci on Facebook
VP - Sales
Greg Daily
  Greg Daily LinkedIn Profile  Greg Daily Twitter Account  Greg Daily News  Greg Daily on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/21/2009: iScience Interventional venture capital transaction
Next: 4/21/2009: Bright View Technologies venture capital transaction

 

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About Database of VC Transactions

We record every notable VC transaction. VC investment data records reported here come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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