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FUND RAISING
Database Reference: F231109-268
Business: Movik Networks
Web: http://www.movik.com
Location: USA, Littleton, MA
Region: North America
Business description: Delivers purpose-built solutions that bring content and application awareness to the edge of the mobile network.
Category: Mobile
Contact 1: Ramji Raghavan, founder and CEO
Contact 2: Ram Krishnan, PhD, Founder/VP of Product Management
Contact 3: John Calcio, Founder/VP of Business Development
Investors: Includes Highland Capital Partners and North Bridge Venture Partners. Sean Dalton of Highland and Ed Anderson of NBVP sit on the Movik board of directors.
Round: Round B
Amount raised: $8,500,000
Details: Mobile network equipment maker Movik Networks Inc. has brought in $8.5 million in its second round of funding, according to a SEC filing. Highland and North Bridge were the investors in Movik’s last round in February of 2008, when the company raised $7.5 million.
Link: Mass High tech
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