Xconomy San Diego

Aktino, Inc. Obtains $14,200,000 Series C Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c20a162b-e8f4-4c9a-8cc8-432f9801b522&Preview=1
Date
8/17/2008
Company Name
Aktino, Inc.
Mailing Address
18551 Von Karman Avenue Irvine, CA 92612
Company Description
Aktino, Inc. is a private (funded in 2003) telecommunications equipment vendor based in Irvine, CA. Founded by a group of executives from PairGain Technologies, Aktino is led by a top-tier management team from companies such as PairGain, Nokia, Alcatel, ADC, Globespan Virata, among others.
Website
http://www.aktino.com/
Transaction Type
Venture Equity
Transaction Amount
$14,200,000
Transaction Round
Series C
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Crosspoint Venture Partners
Venture Investor
Innocal Venture Capital
Venture Investor
Foundation Capital
Venture Investor
Silver Creek Ventures
Venture Investor
Miramar Venture Partners