Tech Company Financing Transactions
BayPackets Funding Round
Investcorp Technology Ventures and Telesoft Partners participated in a $14 million Series D funding round for BayPackets. This VC investment round was recorded on 4/25/2005.
Transaction Overview
Company Name
Announced On
4/25/2005
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Series D
Investors
Investcorp Technology Ventures (Lead Investor) (Alexander Guira)
Telesoft Partners (George Schmitt)
Proceeds Purpose
BayPackets will use the additional capital to expand its sales and marketing activities globally, bolster its customer support organization and extend the capabilities of its Agility Network Services Platform (NSP) - a software based service delivery platform for developing and deploying revenue-generating services in circuit-switched, packet, wireless and cable networks.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
46610 Landing Pkwy.
Fremont, CA 94538
USA
Fremont, CA 94538
USA
Phone
Website
Email Address
Not Recorded
Overview
BayPackets' Agility Network Services Platform, Agility SIP Application Server, and applications enable wireless, wireline and cable operators to rapidly bundle and deliver enhanced voice and data services tailored to the needs of their business and consumer customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ken Epps
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