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Article: Transera Communications Secures $10 Million in Second Round of Venture Funding and Expands Leadership Team; Storm Ventures Leads Round; Initial Investors Apax Partners and Accel Partners Continue Support.
- Article from:
- Business Wire
- Article date:
- August 17, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CUPERTINO, Calif. -- Transera Communications, a pioneer in collaborative call management software, today announced that it has raised a second round of $10 million dollars in equity funding from venture investors, led by Storm Ventures. Apax Partners and Accel Partners co-led the first round of funding in April 2004 and also participated in the second round. The funds will be used to expand global market development, scale partner and product development and build the customer support and services infrastructure. Transera also announced the addition of Rahoul Seth to the executive team as Senior Vice President and CFO.
"At Storm, we like to work with repeat ...
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