Sedona Systems Obtains $13,600,000 Series B Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7b7724c2-1c92-4c3f-8c98-83dfaccd77d1 - Date
8/5/2016 - Company Name
Sedona Systems - Mailing Address
21631 Stevens Creek Blvd. Cupertino, CA 95014 USA - Company Description
Sedona Systems has created NetFusion, the first multi-layer application platform, focusing on optimization & control of the optical and IP layers (L0-L3) of network operators. - Website
http://www.sedonasys.com - Transaction Type
Venture Equity - Transaction Amount
$13,600,000 - Transaction Round
Series B - Proceeds Purposes
The company, which has raised $19.6m, intends to use the funds to accelerate global sales to service providers and conduct R&D activities to broaden the product portfolio. - M&A Terms
- Venture Investor
Intel Capital - Venture Investor
NexStar Partners - Venture Investor
Bessemer Venture Partners
