Sipera Systems Receives $10,000,000 New Financing Round

  • Feed Type
  • Date
    5/18/2010
  • Company Name
    Sipera Systems
  • Mailing Address
    1900 Firman Drive Richardson, TX 75081
  • Company Description
    Sipera is developing security software for Voice over Internet Protocol networks — VoIP for short — meaning data networks, including the Internet, that can carry phone calls.
  • Website
    http://www.sipera.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funding will help the company advance its smartphone UC security solutions and UC-Sec enterprise UC security product family. In addition, Sipera will use the funding to increase sales efforts in Asia, Europe and South America, and to support an expanded reseller partner program. The funding will also enable Sipera to expand its relationships with the next-generation communications eco-system, including establishing new OEMs with leading UC vendors and supporting bundled VoIP and UC solutions from system integrators and communications service providers.
  • M&A Terms
  • Venture Investor
    S3 Ventures
  • Venture Investor
    Austin Ventures
  • Venture Investor
    Duchossois Technology Partners
  • Venture Investor
    Sequoia Capital
  • Venture Investor
    Star Ventures

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