Avaak Receives $10,000,000 Series B Financing Round

  • Feed Type
  • Date
    3/22/2010
  • Company Name
    Avaak
  • Mailing Address
    9645 Scranton Road San Diego, CA 92121
  • Company Description
    Our goal is to be the world leader in the market for intelligent ad-hoc video networks that are completely un-tethered to (or unconstrained by) existing power, network and carrier infrastructures.
  • Website
    http://www.avaak.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The capital will support expansion of the Vue system into retail distribution and the development of next-generation of products.
  • M&A Terms
  • Venture Investor
    Qualcomm, Inc.
  • Venture Investor
    Trinity Ventures
  • Venture Investor
    InterWest Partners
  • Venture Investor
    Leapfrog Ventures