Calix Networks Obtains $100,000,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1494f030-1d35-4d2f-b76e-a8a225e50177&Preview=1 -
Date
8/31/2009 -
Company Name
Calix Networks -
Mailing Address
1035 N. McDowell Blvd. Petaluma, CA 94954 -
Company Description
Several hundred service providers operating tens of millions of access lines depend on Calix (NYSE: CALX)to power their access networks. Industry-leading solutions deployable throughout the access network enabling a rich set of information, communication, and entertainment services over any combination of fiber and copper help Calix customer gain a competitive edge. And an extremely high degree of integration and robust service management allow Calix customers to operate their access networks at the lowest possible cost. Massive service capacity over extreme operational efficiency—these are what make Calix an ideal access partner. -
Website
http://www.calix.com -
Transaction Type
Debt, Venture Equity -
Transaction Amount
$100,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Calix will use the funds to invest in additional resources necessary to prepare for the company’s continued growth and expansion as well as to capitalize on the growth opportunities afforded by the $7.2 billion U.S. Broadband Stimulus program. -
M&A Terms
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Venture Investor
Foundation Capital -
Venture Investor
Sprout Group -
Venture Investor
Silicon Valley Bank -
Venture Investor
Undisclosed
