Mobile network equipment maker Movik Networks raises $8.5 million

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Database Reference:  F231109-268
Business:  Movik Networks
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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