PowerDsine Lands $30 Million

Funding Rounds

▤ Summary

PowerDsine, Hod Hasharon, Israel, and Farmingdale, N.Y., completed a $30 million round led by DB Capital Venture Partners. Other investors include Dain Rauscher Wessels Partners and Robertson Stephens Partners. The financing will be used for development of the companys Power over LAN product line. PowerDsine (www.powerdsine.com) designs and develops software-controlled power products enabling delivery and distribution of operating power over converged communications networks.

$ Funding

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Amount $30.0M Total raised
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Date February 1, 2002 Announcement date
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Investors DRW Venture Partners, Dain Rauscher Wessels, The Challenge Fund, ABS Ventures, Poalim Ventures, Ampal-American Israel, Deutsche Bank, Vertex Ventures, Robertson Stephens Partners Lead investors
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Company http://www.powerdsine.com Funded company

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industries
HealthTech
applications
Web and Content Management

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