Monday, January 14, 2008

Dune Networks Pulls In $12M

Sunnyvale- and Yakum, Israel-based Dune Networks said this morning that it has recently closed on $12M in a Series B investment. The new funding came from U.S. Venture Partners, along with Alta Berkeley Ventures, Aurum Ventures, Cipio Partners, Jerusalem Venture Partners, Pitango Venture Capital and strategic investors. According to Dune, the new funding will be used to accelerate development of sits new product lines, and to expand sales and support. Dune said the funding brings the company's total capital raised to $45M. Dune was founded in 2000. More information »