A new technology company providing next generation architecture that enables Web content and eCommerce providers.
Cereva Networks was a victim of swiftly shrinking corporate IT budgets. The company failed to meet the demand for a start-up large-scale, storage systems. Resulted in abruptly shutting down and laid off 140 employees.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
May 14, 2000 | Series B | $58.50M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Global Crossing Ventures | — | Series B |