SpiderCloud Wireless Secures $25,000,000 Series B Financing

  • Feed Type
  • Date
    2/1/2010
  • Company Name
    SpiderCloud Wireless
  • Mailing Address
    2500 Augustine Drive Santa Clara, CA 95054
  • Company Description
    SpiderCloud Wireless, Inc. is a privately funded company comprised of executives with proven successes at companies such as Cisco Systems (Aironet Wireless), Flarion Technologies, Juniper Networks, Qualcomm, Shasta Networks, Stoke, and Trapeze Networks. This team of executives has not only led the creation of multi-billion dollar companies, but also the introduction of category-defining products that continue to power today’s Internet and mobile networks throughout the world.
  • Website
    http://www.spidercloud.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The funds will allow SpiderCloud to deepen its partnerships with enterprise solution providers to introduce a new class of mobile Internet services.
  • M&A Terms
  • Venture Investor
    Opus Capital
  • Venture Investor
    Shasta Ventures
  • Venture Investor
    Charles River Ventures
  • Venture Investor
    Matrix Partners

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