BroadWare Raises $7.5 Million
Summary
BroadWare Technologies Inc., Cupertino, Calif., raised $7.5 million in series A funding. The round was led by Sigma Partners and included Dali Hook Partners. Previous investors McKenna Ventures, Defta Partners, New Vista Capital and NetService Ventures also participated. The company, which has raised $20 million to date, will use the funds to increase sales and marketing and expand development. BroadWare Technologies (www.broadware.com) creates real-time networked video applications.
Funding
Amount
$7.5M
Total raised
Date
February 4, 2003
Announcement date
Investors
DEFTA Partners, New Vista Capital, Dali Hook Partners
Lead investors
Company
http://www.broadware.com
Funded company
Classifications
industries
No industries detected
applications
Collaboration & Communication
AskAI Classifications
Labels
No AI classifications detected