Movik Networks Receives $8,500,000 Series B Funding Round

  • Feed Type
  • Date
    12/8/2009
  • Company Name
    Movik Networks
  • Mailing Address
    One Monarch Drive Littleton, MA 01460
  • Company Description
    Movik Networks is headquartered near Boston, MA and has an R&D group in Bangalore, India. The company is focused on delivering purpose-built solutions that bring content and application awareness to the edge of the mobile network. Movik is led by a seasoned management team with a proven track record of delivering products to carriers.
  • Website
    http://www.movik.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Highland Capital Partners
  • Venture Investor
    North Bridge Venture Partners