Movik Networks Receives $8,500,000 Series B Funding Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=98110ec3-86fb-4d26-be2f-b5debc78ff98&Preview=1 - Date
12/8/2009 - Company Name
Movik Networks - Mailing Address
One Monarch Drive Littleton, MA 01460 - Company Description
Movik Networks is headquartered near Boston, MA and has an R&D group in Bangalore, India. The company is focused on delivering purpose-built solutions that bring content and application awareness to the edge of the mobile network. Movik is led by a seasoned management team with a proven track record of delivering products to carriers. - Website
http://www.movik.com - Transaction Type
Venture Equity - Transaction Amount
$8,500,000 - Transaction Round
Series B - Proceeds Purposes
Proceeds purposes were not disclosed. - M&A Terms
- Venture Investor
Highland Capital Partners - Venture Investor
North Bridge Venture Partners
