Stoke Gets Stoked With $20M
Summary
Stealthy startup Stoke Inc. has grabbed some VC funding but is not yet ready to go public with details of the fixed/mobile convergence (FMC) products it is working on. The company wouldnt officially comment on the funding, but according to Venture Wire, it has received $19.8 million in a series B round. Even as other FMC startups start to crowd the marketplace, Stoke wants to keep its powder dry and not reveal too many details about its product line. But a source tells Unstrung that Stoke is working on a box that will enable an end-to-end VPN connection from "any-to-any" network point. He resigned from Procket in June 2003, and Cisco Systems Inc. (Nasdaq: CSCO) purchased the firms assets earlier this year.
Funding
Amount
$20.0M
Total raised
Date
September 14, 2005
Announcement date
Investors
Integral Capital Partners, Pilot House Ventures
Lead investors
Company
http://www.stoke.com
Funded company
Classifications
industries
Entertainment
applications
General BI
AskAI Classifications
Labels
SaaS
Enterprise Software
Collaboration Software
