Tech Company Financing Transactions
CradlePoint Funding Round
OVP Venture Partners and Highway 12 Ventures participated in a $7.5 million Series B funding round for CradlePoint. The round was announced on 12/14/2010.
Transaction Overview
Company Name
Announced On
12/14/2010
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Series B
Investors
OVP Venture Partners (Lead Investor) (Gerry Langeler)
Highway 12 Ventures (Glenn Michael)
Proceeds Purpose
The proceeds will be used to accelerate deployment of CradlePoint's industry-leading 4G/3G routers and services into enterprise retail and branch locations.
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
1111 West Jefferson St. 400
Boise, ID 83702
USA
Boise, ID 83702
USA
Phone
Website
Email Address
Overview
The global leader in software-defined wireless and wired WAN solutions - helping customers extend and complement their existing networks.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
George Mulhern
Chief Financial Officer
Val Heusinkveld
Chief Marketing Officer
Ian Pennell
Chief Scientific Officer
Kent Woodruff
VP - Engineering
Steve Wood
VP - Operations
Donald Baumgartner
VP - Sales
Ryan Adamson
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Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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