Tech Company Financing Transactions
Cernium Funding Round
Cernium secured a $10 million venture capital round on 12/4/2007. Backers included Lurie Investments.
Transaction Overview
Company Name
Announced On
12/4/2007
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Lurie Investments (William White)
Proceeds Purpose
The company will use the investment to further expand its growing suite of branded and private-label products to deploy practical, cost-efficient solutions for physical security, business intelligence and video content distribution.
Company Information
Company Status
Out of Business
Industry
Enterprise IT
Mailing Address
11507 Sunset Hills Rd.
Reston, VA 20190
USA
Reston, VA 20190
USA
Phone
Website
Email Address
Overview
Cernium Corporation is the leading developer of real-time analytics-enabled products. The company's technology is a generational leap over competing approaches, providing outstanding incident detection performance and greater operational flexibility at a much lower cost.
Management Team
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Prev: 12/4/2007: Topaz Pharmaceuticals venture capital transaction
Next: 12/5/2007: CrossLoop venture capital transaction
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Where The Data Comes From
We do our best to document every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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