Avaak, Inc. Garners $7,000,000 Series A Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=28ffec49-b2de-4d06-93e0-ea56b64de380&Preview=1 -
Date
10/2/2008 -
Company Name
Avaak, Inc. -
Mailing Address
9645 Scranton Road San Diego, CA 92121 -
Company Description
Our goal is to be the world leader in the market for intelligent ad-hoc video networks that are completely un-tethered to (or unconstrained by) existing power, network and carrier infrastructures. -
Website
http://www.avaak.com -
Transaction Type
Venture Equity -
Transaction Amount
$7,000,000 -
Transaction Round
Series A -
Proceeds Purposes
The capital will support product development, marketing, and sales of Avaak’s new and unique consumer product, scheduled for release in early 2009. -
M&A Terms
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Venture Investor
Trinity Ventures -
Venture Investor
InterWest Partners -
Venture Investor
Leapfrog Ventures
