Tech Company Financing Transactions

Sipera Systems Funding Round

S3 Ventures, Austin Ventures and Duchossois Technology Partners participated in a $10 million funding round for Sipera Systems. The financing was announced on 5/18/2010.

Transaction Overview

Company Name
Announced On
5/18/2010
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors

S3 Ventures (Lead Investor) (Brian Smith)

Austin Ventures (Venu Shamapant)

Duchossois Technology Partners (Rohit Seth)

Sequoia Capital (Michael Goguen)

Star Ventures (Jeanne Bayless)

Proceeds Purpose
The funding will help the company advance its smartphone UC security solutions and UC-Sec enterprise UC security product family. In addition, Sipera will use the funding to increase sales efforts in Asia, Europe and South America, and to support an expanded reseller partner program. The funding will also enable Sipera to expand its relationships with the next-generation communications eco-system, including establishing new OEMs with leading UC vendors and supporting bundled VoIP and UC solutions from system integrators and communications service providers.

Company Information

Company Status
Acquired or Merged
Industry
Security
Mailing Address
1900 Firman Drive 600
Richardson, TX 75081
USA
Email Address
Overview
Sipera is developing security software for Voice over Internet Protocol networks -- VoIP for short -- meaning data networks, including the Internet, that can carry phone calls.
Profile
Sipera Systems LinkedIn Company Profile
Social Media
Sipera Systems Company Twitter Account
Company News
Sipera Systems News
Facebook
Sipera Systems on Facebook
YouTube
Sipera Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
John Lochow
  John  Lochow LinkedIn Profile  John  Lochow Twitter Account  John  Lochow News  John  Lochow on Facebook
Chief Financial Officer
Jim Timmer
  Jim Timmer LinkedIn Profile  Jim Timmer Twitter Account  Jim Timmer News  Jim Timmer on Facebook
VP - Bus. Development
Andy Asava
  Andy Asava LinkedIn Profile  Andy Asava Twitter Account  Andy Asava News  Andy Asava on Facebook
VP - Engineering
Gil Stevens
  Gil Stevens LinkedIn Profile  Gil Stevens Twitter Account  Gil Stevens News  Gil Stevens on Facebook
VP - Marketing
Adam Boone
  Adam Boone LinkedIn Profile  Adam Boone Twitter Account  Adam Boone News  Adam Boone on Facebook
VP - Sales
Jim Kennedy
  Jim Kennedy LinkedIn Profile  Jim Kennedy Twitter Account  Jim Kennedy News  Jim Kennedy on Facebook
VP - Sales
Chuck Pledger
  Chuck Pledger LinkedIn Profile  Chuck Pledger Twitter Account  Chuck Pledger News  Chuck Pledger on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/18/2010: SwiftTest venture capital transaction
Next: 5/19/2010: Celula venture capital transaction

 

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We do our best to record all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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