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Dilithium Networks raises $18M in its Series C round of funding led by USVP
March 14, 2005
PETALUMA, Calif. -- Dilithium Networks, a leading provider of wireless multimedia solutions, today announced that it has secured $18M in series C funding. The financing round was led by USVP, a prominent Silicon Valley based venture capital fund, with participation from existing investors including Motorola Ventures, JAFCO, Deutsche Bank Capital Partners, and CM Capital. Singapore's Infocomm Investments Pte Ltd, a subsidiary of Infocom Development Authority, also participated as a new investor.
"We view Dilithium Networks as a key player in driving multimedia services over 3G networks." said Chris Rust, General Partner for USVP. "With its unique and patent pending technologies, Dilithium Networks is the leader in providing interconnectivity solutions between the 3G Mobile and broadband networks."
"We are pleased to broaden our financial support with such established and successful partners as USVP, and Singapore's Infocomm Investments" said Paul Zuber, Chief Executive Officer of Dilithium Networks.
Dilithium Networks Inc.
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