High Technology News and Information for the Pacific Northwest Region
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High Technology News and Information for the Pacific Northwest Region |
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 Wednesday, July 18, 2007 PacStar Secures $12.3M in Series D FinancingPacific Star Communications, a systems integrator that provides communications equipment to businesses, governments and the U.S. military, revealed Tuesday that it has generated $12.3 million in Series D funding. The latest round came from new investors Chart Venture Partners and Steelpoint Capital Partners along with previous investors Fluke Ventures, Invest America, Benaroya Ventures, Frank Jungers and George Stroemple, who chairs PacStar's board. The company said the money will be used to increase sales in key military and civilian markets. In a related move, PacStar said Matt McCooe, Chart Venture Partners' managing partner, and Charlie Kemper, Steelpoint Capital Partners' principal, have joined PacStar's board of directors. Founded in 2000, Pacific Star Communications is headquartered in Portland, Ore. posted on Wednesday, July 18, 2007 (Link to more information)
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