BLiNQ Networks Garners $7,400,000 Series A Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f3d3a48f-bc34-4a3e-8dd1-ca6e83423723&Preview=1
Date
2/7/2011
Company Name
BLiNQ Networks
Mailing Address
5048 Tennyson Parkway Plano, TX 75024
Company Description
BLiNQ is a pioneer in small cell wireless backhaul solutions that enable mobile operators to quickly and cost-effectively add capacity wherever they need it.
Website
http://www.blinqnetworks.com
Transaction Type
Venture Equity
Transaction Amount
$7,400,000
Transaction Round
Series A
Proceeds Purposes
Our investment in BLiNQ represents a strategic commitment to creating a new backhaul category with a proven, successful management team who can execute on our business and market development plans.
M&A Terms
Venture Investor
New Venture Partners
Venture Investor
Summerhill Venture Partners
Venture Investor
BDC Venture Capital