Movik Networks Obtains $25,000,000 Series C Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e05f6675-e4a1-4cd7-b865-793232d7b414&Preview=1 - Date
3/31/2011 - 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
$25,000,000 - Transaction Round
Series C - Proceeds Purposes
Proceeds purposes were not disclosed. - M&A Terms
- Venture Investor
Oak Investment Partners - Venture Investor
Highland Capital Partners - Venture Investor
North Bridge Venture Partners
