Wednesday, August 30, 2006

Azaire Networks Secures $21 Million in Series C Financing, Led by Investor Growth Capital, New Investor in the Company: Financial News - Yahoo! Finance

"Azaire Networks Inc., a leading Fixed Mobile Convergence (FMC) solutions supplier, announced today it has secured $21 million in new funding. Led by Investor Growth Capital, a new investor in the company, Azaire will use these funds to augment the company's sales and marketing programs, as well as support ongoing operations to accelerate revenue growth. Existing Series B investors Convergence Partners, Rustic Canyon Partners and Woodside Fund also participated in the round."

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